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1. Brown and Green have a concept for a new survey measuring instrument based on their many years in the Civil Survey field. They want to establish a business to raise capital, design, manufacture, and market this new instrument. Both Brown and Green are well established, are in their mid-50s, and have no family members who would be prepared to take over the business when they are ready to retire in about 10 years.
In your opinion, is there justification for starting up with one business form and converting to another form later?
A) No, there is no justification for starting up with one business form and converting to another form because it is too expensive.
B) No, it is bad business practice to change the form in which a business is being operated as it creates confusion among clients and suppliers.
C) Yes, there is justification for starting up with one business and converting to another form because it provides the owners with interesting variety.
D) Yes, starting out as a partnership might be the easiest/cheapest way to get the business started and it could be switched to a corporation for liability protection and tax advantages when growth begins.
2. What is the scope of practice of a profession?
A) The skill and knowledge set of people who practice a profession.
B) The range of skills that those within a profession must have.
C) The subject matter in which those within a profession have expertise.
D) The roles and responsibilities fulfilled by professionals within that profession.
3. What does harassment mean under the Ontario Human Rights Code?
A) Harassment is an occasional negative behavior that the receiver of the behavior doesn't like, usually but not always done by one individual who has power over another individual.
B) Harassment is repeated or consistent negative behavior that is irritating to the receiver of the behavior.
C) Harassment is a positive or negative behavior that the receiver of the behavior finds irritating.
D) Harassment is repeated or consistent negative behavior that is disturbing or troubling to the receiver of the behavior, usually but not always done by one individual who has power over another individual.
4. When reviewing the required standard of care for a professional in a particular situation, which question(s) does the court consider?
A) How serious could the damage be?
B) Who is likely to be affected?
C) How likely was any damage to occur?
D) All of the options
5. What is the best definition of a profession?
A) An occupation that requires practitioners to complete predetermined assessments in order to be employed in that profession.
B) An occupation that requires practitioners to complete a challenging test in order to be approved to practice the occupation.
C) An occupation that requires years of education and training at either the college or university level.
D) An occupation that requires practitioners to have extensive and detailed knowledge and skills and to complete a process that verifies the knowledge and skills.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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