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Which of the following would not be considered unjust enrichment? Raising a child Carrying out day to day chores Taking clothes to the dry-cleaner Handling
- Which of the following would not be considered unjust enrichment?
- Raising a child
- Carrying out day to day chores
- Taking clothes to the dry-cleaner
- Handling day-to-day business needs of the household such as payment of bills
- Which of the following would not be considered a duty of a director or manager?
- To declare a dividend even if the company is insolvent
- Responsible for certain taxes and deductions
- Responsible for certain unpaid wages
- Responsible for environmental damage
- An individual might have a claim for wrongful dismissal under which of the following circumstances?
- I continually fail at performing professional development activities
- I regularly ignore customers because I am too busy flirting with the restaurants bartender despite repeated complaints about this matter
- I refuse to shave my sideburns off despite no complaints other than that of my manager
- I go out during my break to smoke marijuana with a customer
- Which of the following would not be considered a security?
- A licensed insurance policy
- A certificate of interest in an oil, natural gas or mining lease
- Any commodity futures contract or any commodity futures option that is not traded on a commodity futures exchange recognized under the Competition Act
- Stocks or bonds
- Which of the following is NOT an element of contract formation?
- Consideration
- Duty of care
- Meeting of the minds
- Offer
- Acceptances
- Which of the following would create a legally enforceable right to access anothers land?
- A courtesy pass to provide mail pick-up
- An easement
- An open covenant
- A restrictive covenant
- Which of the following is most correct respecting corporations?
- Directors report to shareholders
- Officers report to managers
- Shareholders respond to the creators of the corporation
- Managers report to partners
- Which of the following is true of confidential business information?
- Information that is widely known in the industry can be protected through intellectual property rights
- An invention must be entirely original in order to be considered eligible for protection under intellectual property law
- Registration of intellectual property rights is enforced on a province by province basis
- An employee cannot rely on the information once they leave their position of employment
- In a partnership what would not be considered a right of a partner?
- To avoid liabilities for the actions of their partners
- To dissolve the partnership without notice if the business relationship breaks down
- To buy the shares of other partners at a negotiated value
- To deny the existence of a partnership agreement
- Which of the following would NOT apply to possession of property?
- Title to property must be lawfully acquired
- Possession is considered 9/10ths of the law
- A prior owner who acquired property through illegal means does not have any prior claim to property
- A person who is aware of a prior owner may take possession but must protect it in the best interest of the known owner
- Which of the following applies to marriage and divorce?
- The Partnership Act
- The Family Property Act
- The Ontario Divorce Act
- None of the above
- Which of the following activities is a corporation PREVENTED (by statutes or by-laws) from carrying out?
- Creating other corporations
- Buying or selling other business organizations at a price that the corporation deems fit by buying up shares in the other organization
- Forcing minority shareholders to accept a merger at an agreed-upon price by the board of directors
- All of the above
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