Interview Questions.

Question 1. What Is Business Law?

Answer :

Commercial law, also referred to as business law or company regulation, is the frame of law that applies to the rights, members of the family, and behavior of persons and businesses engaged in commerce, vending, change, and sales. It is regularly taken into consideration to be a department of civil regulation and deals with problems of both non-public law and public regulation.

Question 2. What Is A Legal Contract In Business?

Answer :

A settlement is an settlement among  or more parties to carry out a provider, offer a product or commit to an act, and is enforceable with the aid of law. There are numerous varieties of contracts, and each have particular phrases and situations. Business 103: Introductory Business Law / Business Courses.

General Law Interview Questions
Question three. What Can You Do With A Degree In Business Law?

Answer :

Essential Information. A enterprise legal professional is an attorney who makes a speciality of operating on enterprise regulation or transaction issues. These legal professionals need Juris Doctor (JD) ranges and might have additional postgraduate degrees in enterprise law. Like all lawyers, enterprise lawyers have to pass their kingdom's bar examination to end up licensed.

Question four. What Is The Meaning Of Mercantile Law?

Answer :

mercantile regulation. N. That huge place of the law (additionally known as industrial regulation), statutes, cases and customs which cope with change, income, buying, promoting, transportation, contracts and all styles of enterprise transactions.

Managerial Economics Tutorial
Question five. State What Is Not True Regarding The Doctrine Of Stare Decisions?

Answer :

 A decision in a single province is persuasive in other provinces however no longer binding, whereas a decision of the Supreme Court is binding in all jurisdictions.

Contract Law Interview Questions
Question 6. Which Type Of Statute Prohibits An Activity That Used To Be Permitted Or Permits An Activity That Used To Be Prohibited?

Answer :

Passive rules either prohibits an interest that turned into formerly approved or allows an hobby that become previously prohibited. Active rules gives authorities the proper to hold on various packages, which in turn gives upward thrust to the want for subordinate law created by administrative organizations to exercise their regulatory powers. A invoice is a proposed law that has no longer yet obtained Royal Assent.

Question 7. Which Is Not A Fundamental Freedom Under The Charter Of Rights And Freedoms?

Answer :

Mobility rights are included rights underneath the Charter, but they may be now not essential freedoms as are freedom of religion, thought, and association.

Organisational Behaviour Tutorial Managerial Economics Interview Questions
Question eight. In Ontario, The Small Claims Court Hears:

Answer :

In Ontario, the Small Claims court hears civil claims up to $25,000. Less-serious crook offences are heard by the Ontario Court of Justice (Ontario’s trial courtroom). The Divisional Court of the Superior Court of Justice hears appeals of civil instances as much as $50,000. Taxation disputes are heard by way of the Tax Court of Canada.

Question 9. What Is Requirement For A Class-motion Suit Refers To One Or A Few People Having A Workable Plan For Pleading The Case On Behalf Of A Whole Class Of People?

Answer :

The representative plaintiff is the person or individuals who're judged to have a potential plan for pleading the case on behalf of a whole magnificence of humans.

Organisational Behaviour Interview Questions
Question 10. State What Is Not True About Evidence At A Civil Litigation Trial?

Answer :

Ordinary witnesses may also testify simplest approximately facts they realize first-hand, even as experts might also offer reviews based totally on the proof. The courts do no longer normally concentrate to rumour evidence (statistics a witness heard from another man or woman). 

Principles of Management and Organisational Behaviour Tutorial
Question eleven. What Is The Remedy In Civil Litigation Is Designed To Make Amends To The Victim For Loss Suffered By The Victim?

Answer :

Compensatory damages are financial damages designed to make amends to the sufferer for the loss suffered. 

Principles of Management and Organisational Behaviour Interview Questions
Question 12. What Is The Remedy In Civil Litigation Is Designed To Make The Guilty Party Fulfill His Or Her Obligation Or Promise To The Injured Party?

Answer :

Specific performance could require the defendant to meet his or her obligation. 
Compensatory damages make amends to the victim for the loss suffered.
General Law Interview Questions
Question thirteen. What Type Of Alternative Dispute Resolution Method Is Sometimes Required By Law In Ontario;the Third Party Does Not Render A Decision But Only Clarifies Issues And Suggests Possible Solutions:

Answer :

Mediation makes use of a neutral 1/3 party who is desirable to each facets to assist the parties attain a settlement.

Patent regulation Tutorial
Question 14. What Is Not True About A Tort As Distinguished From A Crime?

Answer :

The regular treatment in tort is compensatory damages, while punishment is the same old remedy for against the law. For against the law, the relevant law is public regulation, under which the accused owes a duty of care to society and is prosecuted by way of the authorities.

Question 15. Using Fault Or Blameworthy Conduct To Assess Liability Under Tort Law:

Answer :

Circumstances can often make it hard to establish who changed into at fault, and it would be unfair to go away a victim uncompensated simply due to this. Thus, whilst fault is one consideration in assigning legal responsibility, it isn't always the simplest foundation. Fault is a less exhausting general than strict liability. Basing legal responsibility on fault would make people extra careful considering that they might must pay the results for being careless, however that would be a appropriate end result.

Corporate Law Interview Questions
Question 16. In A Strict Liability Tort, It Is Necessary To Prove That:

Answer :

In a strict legal responsibility tort, the plaintiff want best show that the particular act occurred (together with the fact that that act brought about a loss). 

Question 17. This Intentional Tort Involves Reasonable Belief That Threat Of Offensive Bodily Contact Is Imminent:

Answer :

The formal difference among attack and battery is that the former is the reasonable belief that danger offensive physical touch is drawing close whilst the latter is actual offensive bodily contact.

Patent regulation Interview Questions
Question 18. The Defence Of Qualified Privilege In A Defamation Case Means That:

Answer :

Qualified privilege occurs while the announcement changed into made within the path of obligation with the notion that it became authentic, and turned into communicated only to those who had to know. A is the defence of justification, B the defence of absolute privilege, and D the defence of honest remark.

Contract Law Interview Questions
Question 19. What Needs To Be Proved By A Customer Who Accuses A Business Of The Tort Of Deceit?

Answer :

To prove deceit, it is essential to show the defendant knew the statement become false or acted recklessly and with out regard to the truth, that the defendant supposed to lie to the plaintiff, and that the plaintiff suffered a loss as a result of reliance on that announcement.

Question 20. In An Action For Negligence, There Must Be A Close And Direct Connection Between The Parties. What Is The Refers To?

Answer :

Proximity is a near and direct connection among the events. The neighbour principle is the general check of whether or not a responsibility of care changed into owed. 

Labour Law Interview Questions
Question 21. You Insist That A Supplier Send A Rush Shipment Of Parts, Thereby Leaving The Supplier Out-of Stock And Unable To Send Parts To The Plaintiff With Whom It Had A Prior Agreement Of Sale. You Are:

Answer :

The behaviour constitutes interference with contractual family members since you persuaded a 3rd party (the supplier) to interrupt its contract with the plaintiff. Intimidation entails hazard to  dedicate an illegal act.

Question 22. Under Tort Law, A Reasonable Person Is Defined As:

Answer :

A reasonable man or woman is someone of average intelligence who will prudently workout affordable care thinking about all the situations. Thus, the usual considers the state of affairs. The regulation does no longer require someone to take all possible precautions, simplest the ones which can be lower priced.

Question 23. Under Tort Law, A Loss May Be Held To Be Too Remote If:

Answer :

A loss can be too far off if it was no longer moderately foreseeable that the action may want to cause the loss or if it does not pass the “however-for” causality check: however for the act, a loss might now not have arisen. As nicely, too much time among the action and the harm would possibly result in a locating that the loss became too remote from the tortious act.

Question 24. Under The Thin Skull Theory, Plaintiffs Who Are Unusually Vulnerable Due To Physical Or Psychological Infirmities Would:

Answer :

Under the thin skull principle, plaintiffs who are unusually susceptible are nevertheless entitled to damages for all their losses. However, if a everyday individual would no longer have suffered any damages, the plaintiff might now not be entitled to damages.

Managerial Economics Interview Questions
Question 25. This Complete Defence To A Tort Action Asserts That The Plaintiff Freely Agreed To Accept The Risk Of Injury Or Loss:

Answer :

Voluntary assumption of risk—whilst the plaintiff freely concurs to anticipate the chance of harm or loss—is a whole defence that could result in the defendant no longer being held accountable. 

Question 26. In Terms Of Product Liability, There Is A Duty Of Care On A Canadian Manufacturer To Give Consumers Warning:

Answer :

Under Canadian product legal responsibility regulation, there is a duty of care to present consumers caution while, even though a product isn't always defective, dangers can also arise whilst it is used. The obligation to present right warning is a continuing one in order that be aware is required each time a organization turns into aware of potential dangers in a product’s use.

Question 27. A Professional’s Duty Of Care May Arise From:

Answer :

A expert may owe a obligation of care by means of contract, because of a fiduciary courting, and/or beneath tort regulation.

Organisational Behaviour Interview Questions
Question 28. Professionals Are Liable For Negligent Misrepresentation When They Make An Incorrect Statement:

Answer :

Negligent misrepresentation is the making of an wrong declaration made with out due take care of its accuracy. The plaintiff should prove she or he depended on the statement. However, the expert’s obligation of care has been restricted through case law to a category of individuals with whom the professional has a special relationship (i.E., who used the information as a part of a pondered transaction).

Question 29. What Are Dividends?

Answer :

Dividends are declared by using directors at their discretion—they're no longer owed and shareholders may additionally don't have any remedy if they're no longer made. They are payments of capital, not interest. They are constituted of after-tax profits and therefore aren't tax-deductible.

Question 30. Corporation A Was Issued A Loan By Bank B. Corporation A Is Now Claiming That Its Chief Financial Officer Did Not Have The Authority To Obtain The Loan And Therefore Is Refusing To Honour The Terms Of This Bank Loan. Based On The Indoor Management Rule:

Answer :

In the absence of observe of irregularity or suspicious occasions, the entirety in the operation of a enterprise that looks to be properly performed (together with a CFO borrowing money) can be trusted by using an outsider and could bind the company—unless a contracting 1/3 birthday party knows about a particular limit, in which case such restriction would be binding.