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Select the most appropriate definition for each of the following fifteen words or phrases from those listed below and mark the letter from that definition
Select the most appropriate definition for each of the following fifteen words or phrases from those listed below and mark the letter from that definition in the space provided. 1. Joint Venture ( ) 9. Escheat ( ) 2. Wrongful Leaving ( ) 10. Collective Bargaining Dispute ( ) 3. Fee Simple Estate ( ) 11. Power of Attorney ( ) 4. Judgment Proof ( ) 12. Articles ( ) 5. Contract Dispute ( ) 13. Beneficiary ( ) 6. Reinstatement ( ) 14. Contract of Indefinite Hire ( ) 7. Life Estate ( ) 15. Constructive Dismissal ( ) 8. Dismissal for Cause ( ) Definitions for Part A: A. Pursuant to the Family Relations Act of B.C. it is possible to do estate planning in such a manner that your personal assets are beyond the reach of creditors suing you. B. A process by which title to real property reverts to the Crown when the owner dies without a will and without any heirs. C. A unilateral change in the terms of employment by the employer without adequate notice or pay in lieu of notice. D. An incorporating document setting out the operating rules for a corporation's day-to-day affairs. E. A separate document attached to the face of an insurance policy whereby the parties agree to a change or amendment to a term without rewriting the insurer's standard form policy. F. A method whereby a person may invest in a business run by two or more persons, but limit the potential loss to the amount invested, providing he/she does not get involved in the management of the business. G. When two or more unions are fighting to see which will have the right to represent a group of employees in bargaining with an employer. H. Terminating an employment contract without notice or further obligation of the employer when the employee's conduct amounts to a breach of contract. I. A remedy in a wrongful dismissal lawsuit in which the Plaintiff demands that he/she be given his/her job back. J. A partnership for a specific venture or for a specified time period. K. The share structure document required to be filed in order to incorporate a separate legal entity under the B.C. Business Corporations Act. L. An interest in land closest to absolute ownership, subject only to the Crown. M. When an employer and a union have a dispute during the term of a collective agreement. N. A special type of express agency agreement which authorizes the holder to do all acts on behalf of the grantor which the grantor could do for himself/herself with respect to financial matters. O. When a person has exclusive possession of real property for his/her life-time after which the property either reverts to the owner or the remaining interest is passed to another designated person. Q. When an employer and a union are negotiating the terms and conditions to include in the union/management agreement. R. Someone other than the insured who will be the recipient of life insurance proceeds in the event that the insured passes away. S. When an employee terminates his/her employment contract but fails to provide the employer with proper notice
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