Exam
Name___________________________________
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false.
1) Laws are the rules of conduct that protect the rights of individuals and businesses. 1)
Answer: True False
2) Each level of government can pass laws to protect businesses and the public from harm. 2)
Answer: True False
3) A privacy policy is a list of rules of conduct for employees relating to the creation, usage,
control, and maintenance of personal information.
3)
Answer: True False
4) Businesses must follow the guidelines of the Personal Information Protection and
Electronic Documents Act (PIPEDA), when collecting and using personal information
from their customers.
4)
Answer: True False
5) A business can use personal information only for the purposes for which it was collected. 5)
Answer: True False
6) A business need only obtain consent once for the personal information it collects. 6)
Answer: True False
7) When drafting a privacy policy, it is important to include what information is being
collected and how it is being collected.
7)
Answer: True False
8) Business Law is all the laws that are created in order to form and run a business. 8)
Answer: True False
9) Business laws are in place to protect the business, the owner, and the public. 9)
Answer: True False
10) Laws guide the businessperson in the proper way to conduct the business. 10)
Answer: True False
11) If a business did not retain documentation necessary for a lawsuit, they run the risk of
losing their lawsuit.
11)
Answer: True False
12) It is not necessary for a business to retain documentation for lawsuits. 12)
Answer: True False
1
13) A business can protect its rights and ability to do business by understanding its
obligations to the public.
13)
Answer: True False
14) Risk management allows a business to understand and assess risks associated with doing
business.
14)
Answer: True False
15) Good risk management may allow a business to avoid legal consequences. 15)
Answer: True False
16) Business ethics refers to the moral decisions made by the stakeholders of a business. 16)
Answer: True False
17) How to manage a conflict of interest with an employee is not an example of an ethical
decision.
17)
Answer: True False
18) How to submit information to the Canada Revenue Agency to maximize profits while
following rules is an example of an ethical decision.
18)
Answer: True False
19) You need to understand the area of law that may apply to your business. 19)
Answer: True False
20) Canada has three (3) types of law. 20)
Answer: True False
21) Canada has two (2) types of law. 21)
Answer: True False
22) Public law governs the relationship between individuals. 22)
Answer: True False
23) Public law sets the rules for the relationship between society and business. 23)
Answer: True False
24) Private law governs the relationship between individuals. 24)
Answer: True False
25) Private law sets the rules for the relationship between society and business. 25)
Answer: True False
26) Public law dictates how a business resolves a dispute with the government. 26)
Answer: True False
2
27) Businesses need not be concerned with white-collar crime. 27)
Answer: True False
28) Criminal law is designed to protect society from crimes. 28)
Answer: True False
29) Criminal law is a set of rules that individuals and not businesses must obey. 29)
Answer: True False
30) Constitutional law limits the exercise of governmental power over individuals and
businesses through the protection of fundamental rights and freedoms.
30)
Answer: True False
31) Administrative laws set out broad policy statements and establish a board commission or
agency to ensure compliance by business.
31)
Answer: True False
32) Administrative tribunals, boards, or commissions usually use Registration or licensing to
control business subject to the administrative law.
32)
Answer: True False
33) Administrative tribunals, boards, or commissions all use the same process to resolve
issues.
33)
Answer: True False
34) The Tax Court of Canada is a superior court in which businesses may litigate disputes
concerning GST with the federal government.
34)
Answer: True False
35) Civil law is another name for private law. 35)
Answer: True False
36) In civil law, a plaintiff sues a defendant for compensation. 36)
Answer: True False
37) A slip and fall outside your business is an example of civil law. 37)
Answer: True False
38) In civil law, the Crown tries to prove that the accused is guilty beyond a reasonable
Name___________________________________
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false.
1) Laws are the rules of conduct that protect the rights of individuals and businesses. 1)
Answer: True False
2) Each level of government can pass laws to protect businesses and the public from harm. 2)
Answer: True False
3) A privacy policy is a list of rules of conduct for employees relating to the creation, usage,
control, and maintenance of personal information.
3)
Answer: True False
4) Businesses must follow the guidelines of the Personal Information Protection and
Electronic Documents Act (PIPEDA), when collecting and using personal information
from their customers.
4)
Answer: True False
5) A business can use personal information only for the purposes for which it was collected. 5)
Answer: True False
6) A business need only obtain consent once for the personal information it collects. 6)
Answer: True False
7) When drafting a privacy policy, it is important to include what information is being
collected and how it is being collected.
7)
Answer: True False
8) Business Law is all the laws that are created in order to form and run a business. 8)
Answer: True False
9) Business laws are in place to protect the business, the owner, and the public. 9)
Answer: True False
10) Laws guide the businessperson in the proper way to conduct the business. 10)
Answer: True False
11) If a business did not retain documentation necessary for a lawsuit, they run the risk of
losing their lawsuit.
11)
Answer: True False
12) It is not necessary for a business to retain documentation for lawsuits. 12)
Answer: True False
1
13) A business can protect its rights and ability to do business by understanding its
obligations to the public.
13)
Answer: True False
14) Risk management allows a business to understand and assess risks associated with doing
business.
14)
Answer: True False
15) Good risk management may allow a business to avoid legal consequences. 15)
Answer: True False
16) Business ethics refers to the moral decisions made by the stakeholders of a business. 16)
Answer: True False
17) How to manage a conflict of interest with an employee is not an example of an ethical
decision.
17)
Answer: True False
18) How to submit information to the Canada Revenue Agency to maximize profits while
following rules is an example of an ethical decision.
18)
Answer: True False
19) You need to understand the area of law that may apply to your business. 19)
Answer: True False
20) Canada has three (3) types of law. 20)
Answer: True False
21) Canada has two (2) types of law. 21)
Answer: True False
22) Public law governs the relationship between individuals. 22)
Answer: True False
23) Public law sets the rules for the relationship between society and business. 23)
Answer: True False
24) Private law governs the relationship between individuals. 24)
Answer: True False
25) Private law sets the rules for the relationship between society and business. 25)
Answer: True False
26) Public law dictates how a business resolves a dispute with the government. 26)
Answer: True False
2
27) Businesses need not be concerned with white-collar crime. 27)
Answer: True False
28) Criminal law is designed to protect society from crimes. 28)
Answer: True False
29) Criminal law is a set of rules that individuals and not businesses must obey. 29)
Answer: True False
30) Constitutional law limits the exercise of governmental power over individuals and
businesses through the protection of fundamental rights and freedoms.
30)
Answer: True False
31) Administrative laws set out broad policy statements and establish a board commission or
agency to ensure compliance by business.
31)
Answer: True False
32) Administrative tribunals, boards, or commissions usually use Registration or licensing to
control business subject to the administrative law.
32)
Answer: True False
33) Administrative tribunals, boards, or commissions all use the same process to resolve
issues.
33)
Answer: True False
34) The Tax Court of Canada is a superior court in which businesses may litigate disputes
concerning GST with the federal government.
34)
Answer: True False
35) Civil law is another name for private law. 35)
Answer: True False
36) In civil law, a plaintiff sues a defendant for compensation. 36)
Answer: True False
37) A slip and fall outside your business is an example of civil law. 37)
Answer: True False
38) In civil law, the Crown tries to prove that the accused is guilty beyond a reasonable