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1. Briefly describe the legal characteristics of a sole proprietorship (2 marks) Answer: 2. Explain what negotiable instruments are, and name which three forms

1. Briefly describe the legal characteristics of a sole proprietorship (2 marks)


Answer:


 


2. Explain what negotiable instruments are, and name which three forms they take in Canada (2 marks)


Answer:


 


3. Explain equity financing.    (2 marks)


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4.List three remedies that may be ordered by a human rights tribunal.  (3 marks)


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5.Briefly describe the four key rights given to workers by the Occupational Health and Safety Act. (4 marks).


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6.What is a conditional offer of employment and how is it useful to the employer. Provide an example (1.5 marks)


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7. What is a secured creditor? What does this status entitle a creditor to? (3 marks)


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8.Identify two common principal-agency relationships in a business context (1 mark)


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9.List 5 circumstances that a court may consider in determining whether a representation made to a consumer is unconscionable. (2.5 marks)


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10.Describe how the Competition Act is administered and enforced (3 marks)


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11.What inexpensive searches can a potential creditor conduct to learn about a debtor's past repayment performance? (6 marks)


Answer:

Resource: Canadian Business Law, 3 rd edition

 


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1 A sole proprietorship is a business structure where one individual owns and operates the business The owner has unlimited personal liability and the ... blur-text-image

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