Business Ethics and Law Study Guide Questions
Course Introduction
Business Ethics and Law explores the fundamental principles and frameworks guiding ethical decision-making and legal compliance in the business world. This course examines the relationship between ethical theories, corporate social responsibility, and the legal environment in which organizations operate. Students will analyze real-world case studies addressing issues such as workplace discrimination, consumer protection, environmental sustainability, intellectual property, and global business conduct. By integrating ethical reasoning with legal standards, the course prepares students to identify, evaluate, and resolve complex ethical and legal dilemmas, fostering responsible business leadership and sustainable organizational practices.
Recommended Textbook
Business Law in Canada 10th Canadian Edition by
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16 Chapters
2735 Verified Questions
2735 Flashcards
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Richard A. Yates
Page 2
Chapter 1: Managing Your Legal Affairs
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136 Verified Questions
136 Flashcards
Source URL: https://quizplus.com/quiz/47231
Sample Questions
Q1) Most provinces set a minimum contingency fee for family law cases.
A)True
B)False
Answer: False
Q2) Given the growing complexity of the law and the consequence that more lawyers specialize,a businessperson might have multiple lawyers.
A)True
B)False
Answer: True
Q3) If a businessperson cannot find important legal information on his own,or cannot understand the information he finds,what should he do?
Answer: Consult a lawyer.
Q4) Complete the following quotation from William Shakespeare's Henry VI,Part II: "The first thing we do,let's ________"
Answer: kill all the lawyers.
Q5) Ethics depends on a person's conscience,rather than on what the law says.
A)True
B)False
Answer: True
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Chapter 2: Introduction to the Legal System
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164 Verified Questions
164 Flashcards
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Sample Questions
Q1) Which of the following is a right or freedom guaranteed in the Charter?
A) the right to own property
B) the right to have your children educated in any language
C) the right to bear arms
D) the right to vote in federal and provincial elections
E) the right to be assured of a minimum level of income
Answer: D
Q2) Indicate what kind of personal freedoms are protected under the Charter.
Answer: Freedom of conscience,religion,freedom of belief,opinion,expression,freedom of peaceful assembly and association.
Q3) Explain what is meant by the term "principles of fundamental justice."
Answer: This is similar to the American "due process" or the rules of natural justice.A person is entitled to a fair hearing,including an opportunity to have notice of the charges that are brought against him,an opportunity to speak to those charges,to present his side of the case,the right to cross-examine witnesses if necessary to determine the validity of the accusation or charges,the right to be tried by somebody free of bias.
Q4) Indicate the three courts that together made up the common law courts.
Answer: court of common pleas,court of king's bench,exchequer court
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Page 4
Chapter 3: The Resolution of Disputesthe Courts and Alternatives to Litigation
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220 Verified Questions
220 Flashcards
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Sample Questions
Q1) Who are the parties to the appeal of a civil action?
Answer: appellant and respondent
Q2) Section 7 of the Charter states that everyone has the right to "life,liberty,and the security of person," and it requires that all decisions depriving a person of them must be made "in accordance with the principles of ____________".
A) fair hearing
B) procedural fairness
C) fundamental justice
D) natural justice
E) the Supreme Court
Answer: C
Q3) What does a successful negotiation require?
Answer: Negotiation requires an understanding of the issues and a willingness to cooperate and compromise.
Q4) What is the standard of proof used in a civil action?
Answer: balance of probabilities
Q5) What is meant by "mandamus"?
Answer: This is an order ordering a decision maker to make the decision that he's empowered to make.
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Chapter 4: Intentional Torts and Torts Impacting Business
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) In January,a driver accidentally caused a snowplough to go off the road,crash into a house,and enter the livingroom.No one was hurt,but the incident caused extensive damage to the house.If the driver of the snowplough was charged with the crime of driving while impaired,and convicted,which of the following is true?
A) The owners of the house would have no civil action against the driver because no one was hurt.
B) The owners of the house could also proceed in a civil action against the driver for the tort of nuisance.
C) The owners of the house could also proceed in a civil action against the driver for the tort of negligence.
D) The owners of the house could not proceed in a civil action, because the driver had already gone through a criminal action and he cannot be forced to go through two proceedings for the action.
E) The driver would be found liable in a civil action only if the prosecutor could prove he was guilty beyond a reasonable doubt.
Q2) Under what circumstances would one sue for nuisance?
Q3) What is an innuendo?
Q4) Distinguish between assault and battery.
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Chapter 5: Negligence, Professional Liability, and Insurance
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159 Verified Questions
159 Flashcards
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Sample Questions
Q1) How is negligent misstatement treated in Canada today?
Q2) Which of the following statements with regard to the tort of negligence is true?
A) If a person is injured by a defective product that he himself did not purchase, he cannot sue the manufacturer for negligence.
B) If the court finds contributory negligence, the defendant has no liability at all.
C) If physical injury can be foreseen as the result of a person's actions, the wrongdoer will be not be liable for all the injury suffered.
D) A possible defence to the plaintiff's claim of negligence is that the plaintiff volunteered to take the risk.
E) The test used to determine whether a duty of care is owed is this: would a person of below-average intelligence foresee that the plaintiff could be affected by the acts of the defendant?
Q3) A fidelity bond is established when the employee pays the employer a fee to be covered while on the job.
A)True
B)False
Q4) What elements must be established in order to succeed in a negligence action?
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Chapter 6: The Elements of a Contractconsensus and Consideration
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171 Verified Questions
171 Flashcards
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Sample Questions
Q1) Which of the following is an ingredient necessary to form a contract?
A) exemption clauses
B) assignment
C) capacity
D) privity
E) fairness
Q2) Explain the nature of the postbox rule.
Q3) Joe offered to sell Harry his car for $500,but Harry said he needed some time to think about it.A couple of days later,Harry phoned back saying that he'd give Joe $450 for the car.Joe refused to take this.Then Harry said,"All right,I'll accept your offer for $500." Joe said that he'd changed his mind and refused to go through with the deal.Harry sued.Explain Joe's legal liability.
Q4) "One of the basic precepts in contract law is that any bargain struck must be fair to be enforceable." Explain the accuracy of that statement.
Q5) What must be present in an offer before it qualifies as such?
Q6) What are the ways in which an offer can come to an end prior to acceptance?
Q7) A one-sided promise the courts will not enforce is known as ________.
Q8) What is quantum meruit?
Q9) To what does a "standard form contract" refer? Page 8
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Page 9
Chapter 7: The Elements of a Contract capacity, Legality, and Intention
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161 Verified Questions
161 Flashcards
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Sample Questions
Q1) Which one of the following is an example of a contract that is binding on an infant in British Columbia?
A) a contract to purchase a new stereo
B) a contract for a camera
C) a contract for baseball tickets
D) a contract for rent
E) a contract for a student loan
Q2) Indicate four categories of persons that have their capacity to enter into contracts limited to some extent.
Q3) Describe three situations in your jurisdiction where a contract must be evidenced in writing to be enforceable.
Q4) An insane person can escape a contract on the basis of incapacity only if the other person knew or ought to have known of the insanity.
A)True
B)False
Q5) Discuss,providing examples,situations in which an agreement would be invalid due to a lack of intention,including any presumptions that arise.
Page 10
Q6) Indicate any limitation on the ability of status Indians to contract.
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Chapter 8: Factors Affecting the Contractual Relationship
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Sample Questions
Q1) Susan sought to set aside a mortgage on the grounds of misrepresentation,undue influence,and non est factum.She had been persuaded to enter into that mortgage contract with a mortgage company by her doctor.Which of the following is true with regard to these challenges to the mortgage contract?
A) If she were influenced to sign the mortgage by her doctor and the mortgage benefited the doctor, the court would presume undue influence.
B) If she were influenced to sign the mortgage by her doctor and the court found undue influence, the mortgage would be void and she wouldn't have to pay the mortgage company.
C) If she failed to read the mortgage agreement, the mortgage would be void on the basis of non est factum.
D) If the person who misled her as to the contents of the mortgage agreement honestly thought what he was stating was correct, she could sue for only damages, not rescission.
E) If the court found that there was undue influence by her doctor, who obtained the money from the mortgage, she would not have to repay the mortgage company.
Q2) What is privity of contract?
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Chapter 9: The End of the Contractual Relationship
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173 Verified Questions
173 Flashcards
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Sample Questions
Q1) A contract is terminated by agreement in which of the following situations?
A) breach
B) frustration
C) unilateral release
D) a written statement by one party to cancel an accepted order
E) the occurrence of a condition subsequent
Q2) Explain what is meant by "quantum meruit."
Q3) In awarding damages for breach of contract,
A) the plaintiff should be, to the extent possible, placed in the same position as he was prior to the agreement being made.
B) the defendant should be, to the extent possible, punished for the breach in order to deter her from repeating this course of behaviour.
C) the plaintiff should be, to the extent possible, placed in the same position as he would have been if the contract had been performed.
D) the defendant should only be required to pay what she can reasonably afford.
E) the plaintiff should only be entitled to compensation for specific and calculable costs and expenses.
Q4) Explain the principle of mitigation in contract law.
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Page 12
Chapter 10: Employment
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164 Verified Questions
164 Flashcards
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Sample Questions
Q1) The Wagner Act outlawed the practice of collective bargaining and prohibited trade unions from going on strike.
A)True
B)False
Q2) Which of the following statements is correct with respect to picketing?
A) Lawful picketing is the process whereby striking employees forcefully prohibit others from doing business with their employer.
B) Lawful picketing is the process whereby striking employees attempt to persuade people not to do business with their employer.
C) Lawful picketing is an accepted form of protest by workers whether or not a lawful strike is in process.
D) Lawful picketing can take place during a rights dispute or a recognition dispute.
E) Lawful picketing cannot take place during a lockout, only during a lawful strike.
Q3) "When one person does work for another,they can be either an agent,an independent contractor,or an employee." Discuss the accuracy of this statement.
Q4) What constitutes "just cause"?
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Chapter 11: Agency and Partnership
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219 Verified Questions
219 Flashcards
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Sample Questions
Q1) Explain the limitations of the liability of partners for the acts of other partners.
Q2) Explain what is meant by an "undisclosed principal" and the significance of such a relationship.
Q3) A real estate salesperson,without disclosing the fact to her client,purchases the house the client is selling for herself.Discuss the legal position of the parties.
Q4) The Partnership Act allows the partners to change their liabilities and obligations to third parties.
A)True
B)False
Q5) Jones is a partner in a law firm in a small town,and he is also doing legal work out of his home in the evening for himself.Explain the rights of his partners in this situation.
Q6) Despite its organizational simplicity,sole proprietorships must satisfy many federal,provincial,and municipal requirements to carry on business.List and describe three regulatory requirements.
Q7) Explain under what circumstances a principal who is not an employer will be held responsible for the wrongful acts of his agent.
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Page 14
Chapter 12: Corporations
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155 Verified Questions
155 Flashcards
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Sample Questions
Q1) Andrea agreed to form a corporation with two friends,but lay awake last night rethinking her decision.They agreed that they all wanted to be directors and officers and that they all would have signing authority with the bank from whom the corporation is borrowing the money.Nevertheless,she began to review her assumptions.Which of the following is true?
A) When she signs the promissory note at the bank on behalf of the corporation, she can just sign her own name; she will not be personally liable as long as she intended to sign on behalf of the corporation.
B) As a major shareholder, she would be elected as a director every year even without such a provision in the shareholders' agreement.
C) She would be able to ask the court for "relief from oppression" if she disliked a decision passed by the majority of the directors.
D) As a shareholder, she is free to compete with the company even if she is a director as well.
E) She would be able to bring an action on behalf of the company if one of the directors breached his fiduciary duty to the corporation and the other directors refused to do anything about it.
Q2) Explain under what circumstances a shareholder's right to dissent arises.
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Page 15
Chapter 13: Real, Personal, and Intellectual Property
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238 Verified Questions
238 Flashcards
Source URL: https://quizplus.com/quiz/47243
Sample Questions
Q1) Distinguish between copyright and patent.
Q2) A "periodic tenancy" means
A) a term lease.
B) a lease granting the lessee exclusive possession for one year.
C) a lease created when a tenant is over-holding after the termination date of his lease without the landlord's permission.
D) a lease in which the parties agree to no set termination date but to the rental period being automatically renewed.
E) a tenancy created when an owner of property allows a purchaser to take possession before title transfers to him.
Q3) Explain the nature of "fair dealing."
Q4) When a landlord seizes the tenant's property for failure to pay rent,this is called what?
Q5) Distinguish between real property and other forms of property.
Q6) What rights are obtained by the granting of a patent?
Q7) In a three-year commercial lease,the tenant must give the landlord two months notice upon leaving.
A)True
B)False
Page 16
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Chapter 14: Information Technology and the Internet
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143 Verified Questions
143 Flashcards
Source URL: https://quizplus.com/quiz/47244
Sample Questions
Q1) The Personal Information and Protection and Electronic Documents Act (PIPEDA)does not allow employers to monitor employees' email.
A)True
B)False
Q2) Acceptance of an offer by email or web-based communications can create certain difficulties.What can be done to minimize the impact of such problems?
Q3) Health information is not specifically protected by legislation in any province.
A)True
B)False
Q4) The registration of a domain name and use on the internet is one way to get around trademark law.
A)True
B)False
Q5) Discuss the validity of online transactions,and the related issues that arise in transacting business over the internet.
Q6) From a business point of view,how does a professional protect himself against liability from online communications?
Q7) Describe electronic signatures with respect to capacity.
Page 17
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Chapter 15: Sales and Consumer Protection
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157 Verified Questions
157 Flashcards
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Sample Questions
Q1) Tahmineh was very upset to find herself short of cash after her roommate had moved out without paying her share of the month's expenses.Tahmineh had no choice but to borrow money from QuickMoney Loans.Without getting legal advice,she signed a contract in which she agreed to pay back the money along with interest.The interest clause provided that interest was to be calculated at the rate of 2 percent per month.Tahmineh failed to pay back all of the funds,and QuickMoney Loans sued her.What argument might she successfully raise to limit the amount of her obligation?
A) The Interest Act provides that in any contract where interest is payable, interest must be stated as an annual rate.
B) Because the actual interest rate was over 1 percent per month, the interest provision was contrary to the Criminal Code.
C) It is unlawful to charge interest to a person in a vulnerable state.
D) Because Tahmineh did not receive independent legal advice, the loan agreement is void.
E) Because Tahmineh was upset over her roommate moving out, she lacked capacity to agree to the terms of the contract.
Q2) Distinguish between a cheque and a bill of exchange.
Q3) What are consumer transactions?
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Chapter 16: Priority of Creditors
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141 Verified Questions
141 Flashcards
Source URL: https://quizplus.com/quiz/47246
Sample Questions
Q1) In a creditor-debtor transaction,explain the purpose of security and how that purpose can be realized.
Q2) Distinguish between receivership and bankruptcy where corporations are concerned.
Q3) Hank sold three properties for Ms.W and had been paid his commission for the first,but not for the last two.Hank had done everything according to the contract and according to the relevant statutes,but Ms.W wouldn't pay.Hank knows that Ms.W has a bank account with the Bank of Montreal and has money owing to her from a Mr.Gregory.With regard to the collecting of the debt owed,which of the following is false?
A) Hank could sue Ms. W for breach of contract.
B) After obtaining judgment, Hank could force the bank to pay into court an amount of money from Ms. W's account to satisfy the debt.
C) Hank's claim for commission is unenforceable because he failed to secure the debt by retaining title until the amounts were paid.
D) If Hank got judgment against Ms. W, he could get an order commanding seizure of enough of Ms. W's goods to satisfy the judgment debt.
E) If Ms. W goes into bankruptcy, Hank may not get paid.
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Page 19