100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank & Solution Manual for Managing the Law: The Legal Aspects of Doing Business, Canadian Edition, 6th edition By Mitchell McInne CA$65.40   Add to cart
Quickly navigate to
Preview
  2.  
  3. Solution Manual For Managing The Law:
  4.  
  5. Solution Manual For Managing The Law:
  6.  
  7. Solution Manual for Managing the Law:

Exam (elaborations)

Test Bank & Solution Manual for Managing the Law: The Legal Aspects of Doing Business, Canadian Edition, 6th edition By Mitchell McInne
 1 view  0 purchase

Test Bank & Solution Manual for Managing the Law: The Legal Aspects of Doing Business, Canadian Edition, 6th edition By Mitchell McInne

Preview 4 out of 1647  pages

Document information

  • June 11, 2024
  • 1647
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • test bank solution manual for managing the law

Written for

All documents for this subject (1)

Seller

avatar-seller
BRIGHTSTUTOR

Reviews received

Content preview

Test Bank & Solution Manual for Managing the Law: The Legal Aspects of
Doing Business, Canadian Edition, 6th edition By Mitchell McInne




1
© 2023 Pearson Canada Inc.

,Managing the Law, 6e (McInnes)
Chapter 01: Risk Management and Sources of Law

True/False Questions

1. The law can affect a business both positively and negatively. It often prohibits actions that otherwise
would be possible. However, it sometimes permits parties to do something that they could not otherwise
do.
a True
b False

Difficulty: 2
QuestionID: 01-1-01
Topic: Why Study Law?
Skill: Recall

Answer: a. True

2. Beta Inc has recently discovered that a defect in one of its products poses a risk of injury to consumers.
Its only option, from a legal risk management perspective, is to eliminate the risk of liability by removing
the product from the market.
a True
b False

Difficulty: 2
QuestionID: 01-1-02
Topic: Risk Management
Skill: Applied

Answer: b. False

3. As described in the text, the four forms of risk management are risk avoidance, risk elimination, risk
transfer, and risk acceptance.
a True
b False

Difficulty: 1
QuestionID: 01-1-03
Topic: Risk Management
Skill: Recall


2
© 2023 Pearson Canada Inc.

,Answer: b. False

4. Sabeka Inc has discovered that one of its products may cause consumers to suffer a certain form of
property damage. In response to that risk, the company has written an exclusion clause into its sales
contracts. In doing so, it has adopted a form of risk management known as risk shifting.
a True
b False

Difficulty: 2
QuestionID: 01-1-04
Topic: Risk Management
Skill: Applied

Answer: a. True

5. Jahume Ltd operates as an Internet service provider. It has retained Alison to work as in-house
counsel. Following an increasingly common trend, this means that she will work for the company from
her own home, rather than from a traditional law firm office.
a True
b False

Difficulty: 2
QuestionID: 01-1-05
Topic: Risk Management
Skill: Applied

Answer: b. False

6. Quebec is said to be a "civil law system" because it is derived from the legal system that governed the
citizens of ancient Greece.
a True
b False

Difficulty: 3
QuestionID: 01-1-06
Topic: Map of the Law
Skill: Recall

Answer: b. False

7. "Administrative law" derives its name from the fact that it is concerned with the administration of the
trial courts and appellate courts.
a True
b False



3
© 2023 Pearson Canada Inc.

, Difficulty: 1
QuestionID: 01-1-07
Topic: Map of the Law
Skill: Recall

Answer: b. False

8. Bianca punched Mick. She now finds herself in court. The person who has brought the claim for
damages against her is Mick himself. It is safe to assume that the court is concerned with a private law
issue, rather than a criminal law issue.
a True
b False

Difficulty: 1
QuestionID: 01-1-08
Topic: Map of the Law
Skill: Applied

Answer: a. True

9. Glimmer Co recently received a tax assessment with which it disagrees. It does not believe that it
should be required to pay the full amount of the demand. If it challenges the assessment, the case will fall
into the category of "public law" even though the company is a private corporation.
a True
b False

Difficulty: 3
QuestionID: 01-1-09
Topic: Map of the Law
Skill: Applied

Answer: a. True

10. Bastarache & Michel is a law firm in your province. Although it occasionally has clients from other
jurisdictions, the vast majority of its work comes from within your province. Your legislature recently
enacted a statute that imposes a 5% tax on the "sale of professional services, including … legal services."
As that wording suggests, the statute treats Bastarache & Michel as the taxpayer, even if the firm adds
the cost of the tax onto the fees that it charges to its clients. The new tax is probably intra vires and valid
because most professionals provide services in only one province.
a True
b False

Difficulty: 3
QuestionID: 01-1-10
Topic: Map of the Law
Skill: Applied


4
© 2023 Pearson Canada Inc.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BRIGHTSTUTOR. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$65.40. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$65.40
  • (0)
  Add to cart