What is meant by "lifting the corporate veil"?

	1.	The expression "lifting the corporate veil" refers to the occasions where courts have been prepared to peek behind the scenes at the corporate goverance/structure to hold the corporation responsible for the acts of the individuals.
	2.	The expression "lifting the corporate veil" refers to the occasions where courts have been prepared to peek behind the scenes at the corporate goverance/structure but not to hold the controlling individuals responsible for the acts of the corporation.
	3.	none of the above.
	4.	The expression "lifting the corporate veil" refers to the occasions where courts have been prepared to disregard the separate existence of corporations and (usually) to hold the controlling individuals responsible for the acts of the corporation.
	5.	The expression "lifting the corporate veil" refers to the occasions where courts have been prepared to disregard the separate existence of corporations but never to hold the controlling individuals responsible for the acts of the corporation because of the corporation's legal personhood.

What are standard terms in a lease contract?

	1.	Lease contracts are, generally speaking, oral contracts because they are limited time arrangements and therefore are generally not written contracts.
	2.	the duration of the lease, the rent payable, whether there is an option to renew, the expected residual value of the goods at the end of the term, consumer protection requirements, etc.
	3.	There are no standard terms in a lease contract.
	4.	terms of the transfer of ownership, the price payable, the date of sale, the expected residual value of the goods at the end of the term, consumer protection requirements, etc.
	5.	terms of the transfer of ownership, the expected residual value of the goods at the end of the term, consumer protection requirements, etc.

A shipping company offers a$20,000 reward to the first business to locate one of thecompany's ships that sunk off the coast of NovaScotia, laden with valuable cargo. This is an example of

	1.	a unilateral contract that will be accepted by a business that promises to conduct the search.
	2.	a bilateral contract that can be accepted only by performance.
	3.	a unilateral contract that can be accepted by performance.
	4.	promissory estoppel.
	5.	an invitation to treat.

An unconscionable contract is a

	1.	contract entered into when one party was unconscious or semi conscious.
	2.	contract between parties of unequal bargaining power that is unfairly advantageous to the powerful party or parties and may be considered voidable at common law.
	3.	contract between parties of unequal bargaining power that is unfairly advantageous to the least powerful party or parties and may be considered voidable at common law.
	4.	contract between parties of equal bargaining power that is unfairly advantageous to the one party or set of parties and may be considered voidable at common law.
	5.	bad deal but nothing comes of it. People are free to make bad deals.

The Constitution gives residual powers to the federal government, so that topics not expressly allocated to the provinces are within federal jurisdiction. This means that the federal government's powers:

	1.	will grow over time.
	2.	will shrink over time.
	3.	will become subject to provincial powers.
	4.	will become subject to provincial and territorial powers.
	5.	will remain unchanged.