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Please don't provide any explanation just what the answer is from the multiple-choice is by copying the question and bolding the answer : Question 1(1

Please don't provide any explanation just what the answer is from the multiple-choice is by copying the question and bolding the answer :

Question 1(1 point)

Why would the owners of a successful business operation carry life insurance on the lives of its shareholder?

Question 1 options:

To comply with the law's mandatory life insurance pertaining to shareholders

To ensure that the business doesn't suffer financial loss from business interruption

To offset any deficiency in the value demanded for the deceased's shares

To offset the challenging costs of buying out a deceased shareholder's shares

Question 2(1 point)

ABC Inc. is issuing 10,000 new shares to raise money for its upcoming expansion. What is the name for this type of financing?

Question 2 options:

Conditional financing

Interim financing

Equity financing

Debt financing

Question 3 (1 point)

The decisions of the Supreme Court of Canada are best described as:

Question 3 options:

binding only on the government

limited to constitutional matters

binding on all other courts in all Canadian jurisdictions

always appeals from the Federal Court of Canada

Question 4(1 point)

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How does confidential business information maintain the protection of the law?

Question 4 options:

By registration

By fixation

By use

By efforts to keep it secret

Question 5(1 point)

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Graham has granted a cellphone company permission to erect a transmission tower on his property. What type of right has Graham granted?

Question 5 options:

A restrictive covenant

Joint tenancy

An easement

A lease

Question 6(1 point)

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Which legislature in Canada is composed of the House of Commons and the Senate?

Question 6 options:

the Parliament of Canada

the House of Assembly

the Supreme Court of Canada

the Legislative Assembly

Question 7(1 point)

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Walter receives and considers submissions from both parties involved in a commercial dispute. He will deliver his decision shortly. In a contract signed by the parties, they agreed to follow that decision. Who is Walter?

Question 7 options:

the mediator

the arbitrator

the judge

the adjudicator

Question 8(1 point)

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Which of the following would NOT constitute property?

Question 8 options:

A lease

Accounts receivable

An insurance policy

A right of citizenship

Question 9(1 point)

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What is the legal term given to a provision in a contract whereby the parties agree in advance the amount to be paid in the event of a contract breach?

Question 9 options:

A liquidated damages clause

An entire agreement clause

An exemption clause

A whole contract clause

Question 10(1 point)

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Sarafel was disappointed to learn that she would be unable to plant a hedge along the front borders of her condominium townhouse property. In this instance, what is the ability to place conditions on ownership most strongly influenced by?

Question 10 options:

An encroachment agreement

A restrictive covenant

Zoning regulations

Planning schemes

Question 11(1 point)

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Which of the following are exclusively areas of federal jurisdiction under the Canadian Constitution?

Question 11 options:

interprovincial trade and commerce, highway regulation, licensing

currency, trade, national defence

administration of justice, trade, education

criminal law, administration of justice, hospitals

Question 12(1 point)

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At what point will title to goods pass to the buyer when the contract involves the sale of future or unascertained goods?

Question 12 options:

When the goods are delivered.

When the goods are accepted by the buyer.

When the goods come into existence.

When the goods are unconditionally appropriated to the contract.

Question 13(1 point)

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What is the policy rationale for contractual quantum meruit?

Question 13 options:

Parties who fail to document their contracts should nonetheless be bound by their promises.

The parties' intention to impose a penalty should be upheld.

It is not the intention of the parties that goods or services are provided for free.

The assistance provided by implied terms is sporadic and uncertain.

Question 14(1 point)

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A creditor has assigned a debt to a collection agency. As an assignee, the collection agency is not a party to the original contract and is therefore barred under the doctrine of privity from acquiring any rights to own the debt under it.

Question 14 options:

TrueFalse

Question 15(1 point)

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The Personal Property Security Act (PPSA) fulfills a number of purposes. Which of the following describes one of these purposes?

Question 15 options:

Determining priority among creditors.

Protection of the public from unscrupulous lenders.

Prohibiting misleading statements in credit applications.

Protecting borrowers from exorbitant interest rates.

Question 16(1 point)

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What is the purpose of the discovery phase in a private lawsuit?

Question 16 options:

To enable each side to make its allegations

To allow each side an opportunity to obtain expert evidence that can later be used at the trial

To disclose evidence in support of the claims in the lawsuit and test the strength of the opposing party's claims

To cross-examine all of the witnesses that will be called at trial

Question 17(1 point)

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How does Canadian contract law protect minors and mentally incapacitated individuals?

Question 17 options:

By ensuring that they cannot enter into legally binding contracts

By requiring the courts to approve their contracts

By providing that only certain types of contracts are enforceable against minors and those who lack mental capacity

By ensuring both groups are represented by guardians when entering into contracts

Question 18(1 point)

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Mariam offered to sell her horse to Shia for $5,000, but Shia counter-offered with a price of $4,500. Mariam rejected Shia's counter-offer. What is the effect of Shia's counter-offer on Mariam's original offer?

Question 18 options:

Mariam's original offer is no longer available for acceptance because Shia's counter-offer is a rejection of the original offer.

Mariam's original offer is still available for acceptance until Mariam specifically revokes it.

The original offer is no longer available because it has lapsed.

Mariam's original offer is still available because she has not replaced it with a new offer.

Question 19(1 point)

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Ruby Fashions Ltd. terminated its long-term agency relationship with the Fashion Forward Agency. Fashion Forward had negotiated purchase contracts with retail outlets on behalf of Ruby for several years. What advice would you give Ruby at this time?

Question 19 options:

That Fashion Forward has the onus to inform outsiders that it is no longer Ruby's agent.

That Ruby has the onus to inform outsiders that Fashion Forward is no longer its agent.

That outsiders have an obligation to prove whether or not there is an ongoing agency relationship between Ruby and Fashion Forward.

That Fashion Forward can no longer bind Ruby to contracts.

Question 20(1 point)

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Which of the following is a duty required of an agent?

Question 20 options:

Pay the principal for services rendered.

Reimburse the principal for out-of-pocket expenses.

Indemnify the principal for agency business losses.

Abide by the terms of the agency agreement.

Question 21(1 point)

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What is the term for an employee's deliberate failure to carry out lawful and reasonable orders?

Question 21 options:

Insubordinate conduct

Willful disobedience

Willful insolence

Incompatible conduct

Question 22(1 point)

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Jarrit runs a business delivering oilfield parts to remote oilfield locations on short notice. Jarrit only hires men because he is very concerned about safety. Jarrit's drivers often have to drive at night, keep long hours, and enter work camps where (mostly) male workers work.

Jarrit needs to hire 2 more drivers, so he puts out an advertisement for the jobs. Mel applies for the job, but is told that she will not be considered for the job because she is female.

Select all the statements below thatcorrectlydescribe the scenario above. Answers are weighted equally.

Question 22 options:

A)

The protected area in this scenario is employment.

B)

The protected area in this scenario is tenancy.

C)

This is discrimination because there is no rational connection between being male and safety.

D)

The protected area in this scenario is publication.

E)

The protected ground in this scenario is sex or gender.

F)

There is no discrimination here because there is a rational connection between requiring a man to do the job because of the safety concerns involved.

Question 23(1 point)

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Rita is employed as a financial investment advisor for a local investment services firm and signed a restrictive covenant that prevents her from working as an investment advisor for a period of 5 years anywhere in Canada should she leave her current employer. On what legal basis might this clause be unenforceable?

Question 23 options:

It violates the Criminal Code.

It constitutes an unreasonable restraint on trade.

Rita failed to read the contract before signing it.

It violates the Charter guarantee of freedom of mobility.

Question 24(1 point)

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What does the duty to mitigate require of an employee whose position has already been constructively terminated?

Question 24 options:

It requires the former employee to take the first job available.

The employee could be required to accept a lower position in the same company.

It requires the former employee to take reasonable steps to find comparable employment.

The individual is expected to accept a lower-level job in another company to reduce his loss.

Question 25(1 point)

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Abby purchased a ring from an online vendor which unfortunately gave her a severe rash.The online description of the ring stated it was made of hypoallergenic materials. According to the Sale of Goods Act, why will the merchant likely have to accept the return of the product?

Question 25 options:

Goods sold by description must correspond to the description.

The seller refused the opportunity to compare goods with a sample.

The buyer made the intended use known at the time of purchase.

The buyer relied on the description of goods by the seller.

Question 26(1 point)

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Ultimate Caterer Inc. lost its lawsuit and was ordered to pay damages and costs to the young couple whose wedding dinner left them and many of their guests very ill. Which of the following correctly describes the meaning of costs in these circumstances?

Question 26 options:

The amount of court fees charged for litigating the lawsuit

The amount the loser must pay toward the winner's expenses

The defendant's legal fees

The plaintiff's actual legal fees

Question 27(1 point)

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Although he was not really an agent and had no authority to do so, Gordon thought his employer would be delighted when he purchased a truck "on behalf of" his employer. Although the price was very reasonable, his employer now refused to ratify the contract. Which statement best describes the parties' liability under the contract?

Question 27 options:

The employer is solely liable under the doctrine of estoppel.

Gordon is liable as a result of the contract.

The employer is solely liable as an undisclosed principal.

Gordon and his employer are bound by the contract.

Question 28(1 point)

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If a customer slips and falls on the ice in a store's parking lot, the store may be liable for the tort of:

Question 28 options:

Aggravated assault

Nuisance

Assault

Trespass

Negligence

Question 29(1 point)

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Arcand Industries has offered to sell a piece of equipment to XYZ Inc for $100,000 and has promised to keep its offer open until the last day of the month. What is Arcand's legal position in this situation?

Question 29 options:

The offer can be revoked at any time before it is accepted by Arcand without legal consequence

The offer can be revoked before the last day of the month with the consent of Arcand

Arcand is legally bound to keep its offer open until the last day of the month

The promise to hold the offer open is contrary to public policy and is unenforceable

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