Question 51(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 51 options:

An easement

A restrictive covenant

A lease

Joint tenancy

Question 52(1 point)

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Martha's lawyer is not satisfied with the court's decision, so he is urging her not to accept it. What step in the litigation process is Martha's lawyer recommending she take?

Question 52 options:

adjudication

litigation

settlement

appeal

Question 53(3 points)

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Adler is employed by Rock'n'Roll Talent Agency (RRTA) to scout for new musical talent (rock and roll, pop, and jazz artists) and sign them to the RRTA label. RRTA sends Adler on a scouting trip through Canada, paying for all the expenses. On her trip, Adler locates dozens of new rock and roll, pop and jazz artists for RRTA.While on her scouting trip, Adler also identifies several very funny amateur comedians.Since RRTA only has musical clients, Adler is sure that there is no issue if she signs these comedians to her new talent agency Adler's Amusers (AA).

Based on this scenario, identify all the statements that are correct. Answers are equally weighted.

Question 53 options:

A)

The agent in this scenario is RRTA.

B)

Adler would be breaching a fiduciary duty if she signed the comedians to AA without requesting permission from RRTA.

C)

The principal in this scenario is RRTA.

D)

The agent in this scenario is Adler.

E)

The principal in this scenario is Adler.

F)

If Adler signs a contract with a rock'n'roll, jazz or pop artist, the contract is actually between RRTA and the artist.

Question 54(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 54 options:

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

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 offer can be revoked at any time by Arcand without legal consequence

Part 2: Matching

Question 55(5 points)

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Match the description with the element or test it describes.

Question 55 options:

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The plaintiff must prove that they have suffered harm from the wrongful act of the defendant in the form of _______________________________.

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The plaintiff must prove that the harm they suffered was a foreseeable type due to the concept of:_________________.

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The plaintiff must prove that the defendant's failure to act reasonably is the cause of their harm, thus establishing ____________________________.

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In the first step of a negligence action, the plaintiff has to prove that the defendant owed a __________________.

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The plaintiff must prove that the defendant breached _____________________: which establishes that the defendant failed to do what a reasonable person would have done in the circumstances.

1.The Duty of Care

2.The Standard of Care

3.Causation

4.Remoteness

5.Damages

6.a/the Contributory Negligence

7.Voluntary Assumption of Risk

8.Consent

Question 56(10 points)

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Match the definition below with the correct term.

Question 56 options:

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A partnership in which the partners have unlimited liability for their own malpractice but limited liability for other partners' malpractice.

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A monopoly to make, use or sell an invention.

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Termination of a contract by an unexpected event or change that makes performance functionally impossible or illegal.

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A contract that, in certain circumstances, an aggrieved party can choose to keep in force or bring to an end.

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A division of profits payable to shareholders.

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A conditional promise toa creditor to pay a debt if the debtor defaults.

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A person who is authorized to act on behalf of another.

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A partnership in which the liability of some partners is limited to their capital contribution.

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A debt where the creditor has only a contractual right to be repaid.

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The right to prevent others from copying or modifying certain works.

1.Agent

2.Copyright

3.Dividend

4.Frustration

5.Guarantee

6.Limited liability partnership

7.Limited partnership

8.Patent

9.Performance

10.Secured credit/or

11.Subrogation

12.Trademark

13.Unsecured credit/or

14.Void contract

15.Voidable Contract

16.Guarantor

Question 57(2 points)

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Grundy Grocery Inc. is closing down as the owners are retiring. It has been very profitable and has more than enough money to pay all claims. It owes money to creditors as follows:

Unpaid dividends on preferred shares of $36,000

Unpaid dividends on common shares of $40,000

Unpaid balance of $1.25 million on a mortgage

Unpaid amount of $3500 on an electrical bill.

Rank these debts in order of priority from 1 (first) to 4 (last).You will get .5 mark for each one that is in the correct order.

Question 57 options:

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Unpaid amount of $3500 on an electrical bill1

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4

Unpaid balance of $1.25 million on a mortgage1

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Unpaid dividends on preferred shares of $36,0001

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Unpaid dividends on common shares of $40,000