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Questions and Answers
Which statement best describes 'moral rights' in the context of copyright?
Which statement best describes 'moral rights' in the context of copyright?
Who are directors of a corporation elected by?
Who are directors of a corporation elected by?
Which of the following transfers possession of land, for a fixed period, in exchange for a fee?
Which of the following transfers possession of land, for a fixed period, in exchange for a fee?
What legal obligation may municipalities impose on property ownership?
What legal obligation may municipalities impose on property ownership?
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What is a legal arrangement where one party holds legal title of property for the benefit of someone else?
What is a legal arrangement where one party holds legal title of property for the benefit of someone else?
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Which of the following is true regarding the rights of a lessee?
Which of the following is true regarding the rights of a lessee?
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What action may a business take if someone tries to use its name and goodwill without permission?
What action may a business take if someone tries to use its name and goodwill without permission?
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What should directors regularly do to fulfill their responsibilities?
What should directors regularly do to fulfill their responsibilities?
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Which of the following is NOT a responsibility of shareholders?
Which of the following is NOT a responsibility of shareholders?
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What do directors need to do to avoid personal liability?
What do directors need to do to avoid personal liability?
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What is one primary purpose of shareholders' agreements?
What is one primary purpose of shareholders' agreements?
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How should directors stay updated with the company's affairs?
How should directors stay updated with the company's affairs?
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What can creditors do if shareholders strip a corporation of its assets?
What can creditors do if shareholders strip a corporation of its assets?
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What must occur for a valid bailment relationship to exist?
What must occur for a valid bailment relationship to exist?
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Which factor is NOT considered when determining the degree of care expected from a bailee?
Which factor is NOT considered when determining the degree of care expected from a bailee?
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In a bailment arrangement, which statement best describes the rights of a bailee?
In a bailment arrangement, which statement best describes the rights of a bailee?
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What limitation may apply to a tenant regarding property rights?
What limitation may apply to a tenant regarding property rights?
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What legal recourse does a property owner have against trespassers?
What legal recourse does a property owner have against trespassers?
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What must a property owner do to effectively utilize the right to exclude?
What must a property owner do to effectively utilize the right to exclude?
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What is the legal term for a contract that transfers possession of land, for a fixed period, in exchange for a fee?
What is the legal term for a contract that transfers possession of land, for a fixed period, in exchange for a fee?
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What legal arrangement involves one party holding legal title for the benefit of another?
What legal arrangement involves one party holding legal title for the benefit of another?
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Which of the following is typically an obligation imposed on property owners by municipalities?
Which of the following is typically an obligation imposed on property owners by municipalities?
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What is one critical function of shareholders' agreements in a corporation?
What is one critical function of shareholders' agreements in a corporation?
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Which of the following statements regarding creditor protection is accurate?
Which of the following statements regarding creditor protection is accurate?
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What must shareholders' agreements ensure regarding minority shareholder protection?
What must shareholders' agreements ensure regarding minority shareholder protection?
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What standard must directors and officers meet according to the duty of competence?
What standard must directors and officers meet according to the duty of competence?
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In the context of fiduciary duty, which of the following scenarios represents a breach?
In the context of fiduciary duty, which of the following scenarios represents a breach?
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In terms of shareholder rights, what does the term 'proxy' refer to?
In terms of shareholder rights, what does the term 'proxy' refer to?
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Which right allows a shareholder to investigate management practices?
Which right allows a shareholder to investigate management practices?
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What voting right is granted to all shareholders?
What voting right is granted to all shareholders?
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How can directors reduce their personal liability exposure?
How can directors reduce their personal liability exposure?
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What often distinguishes common shares from preferred shares?
What often distinguishes common shares from preferred shares?
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What constitutes an example of statutory breach that could lead to director liability?
What constitutes an example of statutory breach that could lead to director liability?
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Which of the following scenarios would NOT typically expose a director to personal liability?
Which of the following scenarios would NOT typically expose a director to personal liability?
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According to the Bardal case, what factor is NOT considered when determining common law reasonable notice?
According to the Bardal case, what factor is NOT considered when determining common law reasonable notice?
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Which of the following is NOT a condition for mental stress claims to be considered work-related?
Which of the following is NOT a condition for mental stress claims to be considered work-related?
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Which action would likely disqualify a worker from receiving benefits due to wilful misconduct?
Which action would likely disqualify a worker from receiving benefits due to wilful misconduct?
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What must occur for a pre-existing condition to be eligible for coverage under WCB?
What must occur for a pre-existing condition to be eligible for coverage under WCB?
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Which of the following activities would be considered purely personal and thus not related to employment duties?
Which of the following activities would be considered purely personal and thus not related to employment duties?
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Which statement about the confidentiality of medical files is true?
Which statement about the confidentiality of medical files is true?
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Which of the following statements is true regarding requests to correct personal information held by the government?
Which of the following statements is true regarding requests to correct personal information held by the government?
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If an injury is caused by horseplay that is a serious deviation from employment duties, it is likely to be covered under WCB.
If an injury is caused by horseplay that is a serious deviation from employment duties, it is likely to be covered under WCB.
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For PTSD claims from first responders, the worker does not have to prove a causal relationship with work.
For PTSD claims from first responders, the worker does not have to prove a causal relationship with work.
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An intentional self-inflicted injury is considered a compensable injury under WCB regulations.
An intentional self-inflicted injury is considered a compensable injury under WCB regulations.
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All workers with pre-existing conditions are automatically covered under WCB for any disability claims.
All workers with pre-existing conditions are automatically covered under WCB for any disability claims.
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Activities that have no direct or indirect relationship to employment duties can still be compensated under WCB.
Activities that have no direct or indirect relationship to employment duties can still be compensated under WCB.
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Mental stress claims must be confirmed by an appropriately qualified medical expert to be considered for compensation.
Mental stress claims must be confirmed by an appropriately qualified medical expert to be considered for compensation.
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Fighting over purely personal issues is likely to be deemed as a work-related injury under WCB rules.
Fighting over purely personal issues is likely to be deemed as a work-related injury under WCB rules.
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Organizations must provide individuals with access to their personal information upon request.
Organizations must provide individuals with access to their personal information upon request.
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Assuming that an older employee will retire can potentially expose employers to liability for age discrimination.
Assuming that an older employee will retire can potentially expose employers to liability for age discrimination.
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Study Notes
### Corporate Form: Organizational Matters
- A corporation is a separate legal entity, treated as a distinct person.
- Shareholders are not responsible for a corporation's liabilities.
- The corporation is the primary business vehicle in modern commerce.
Objectives
- Understanding a corporation as a legal person
- Distinguishing between federal and provincial incorporation
- Selecting a corporation's name
- Understanding how a corporation is created
- Identifying how a corporation is financed
- Recognizing how securities are regulated
- Learning about internal stakeholders (shareholders, directors, officers)
- Understanding external stakeholders (customers, employees, creditors, government)
- Examining pre-incorporation issues
- Investigating provincial and federal incorporation
- Studying shares and shareholders
- Determining the different types of shares
- Examining the availability of shares (widely held vs. closely held)
- Reviewing the rights related to the ownership of shares
- Investigating who can own shares
- Examining legal issues from case studies like Salomon v Salomon Ltd
- Understanding the liabilities of a corporation, directors, officers, shareholders, and creditors
- Learning how a corporation is terminated
- Understanding liabilities in tort and contract
- Learning about criminal and regulatory liability
- Identifying the process of incorporation
- Learning about the duties and liabilities of directors and officers
- Examining the ethical considerations related to corporate governance and diversity
- Reviewing the duty of competence
- Recognizing shareholder liability and the process of "lifting the corporate veil"
- Investigating case studies such as Yaiguaje v Chevron and piercing the corporate veil.
- Examining rights of shareholders in the corporation
- Understanding the legal rights associated with property
- Examining the bundle of rights that property owners have
- Understanding bailments of personal property, including the duties of bailees in various contexts (repairs, storage, transportation, lodging)
- Identifying the contract of bailment and its key elements (services, payment, remedial measures)
- Review specialized types of bailment
- Understanding the common law liabilities of bailees
- Investigating case studies to determine common law liabilities of bailees
- Understanding the acquisition and protection of intellectual property
- Recognizing the difference between common law and registered trademarks
- Examining the concept of cyber squatting
- Reviewing requirements for patent protection
- Evaluating the requirements for registration of trademarks
- Examining the role of copyright in business
- Recognizing exemptions to copyright infringement
- Evaluating case studies to understand the applications of copyright law
- Recognizing moral rights.
- Examining case studies related to moral rights.
- Identifying exemptions of copyright
- Understanding confidential business information and its protection
- Reviewing case studies related to confidentiality and breach of confidence
- Identifying limitations of intellectual property protection
- Reviewing methods for acquiring and managing risk when dealing with intellectual property
### Financial Considerations
- Debt financing (bonds, debentures)
- Equity financing (selling shares)
- Crowdfunding (three models: donation, lending, investment/equity)
- Securities (shares and bonds)
- Mortgages and the process of buying and selling real estate
- Foreclosure
- Deficiencies
### Case Studies
- Salomon v Salomon Ltd
- Yaiguaje v Chevron
- Wong v Pretium Resources Inc
- Finkelstein v Ontario (Securities Commission)
- Aquatera Utilities Inc v Aquaterra Water Management Inc.
- Case 16.2 (Midwest Properties Ltd v Thordarson)
- Mennillo v Intramodal Inc
- Letwin v Camp Mart
- Monsanto v Schmeiser
- Case 18.2 (Canada (Attorney General) v Amazon.com Inc)
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Description
Explore key aspects of the copyright infringement case involving Robinson and Cinar Corporation. This quiz covers the basis of the claim, character differences, court determinations on copyright, moral rights, and financial decisions. Test your knowledge on this intriguing legal battle.
