Business Law Assignment
Question: This is a Business Law Assignment Sam Gagnon was working in his new role as a re...
This is a Business Law Assignment
Sam Gagnon was working in his new role as a regional manager in the jewellery industry. He wanted to learn as much as he could and was particularly interested in hearing about customer challenges in Ontario, the district assigned to him by head office. At a recent conference in Toronto, he attended a panel discussion in which customers expressed their concerns about the integrity of some sales representatives and the claims they sometimes made. Sam was concerned about the legal implications of false or misleading representations. Sam left the conference thinking about how best to convey this information to his staff. Sam decides to give his staff a homework assignment with the following questions:
1. What is the name of the legislation/Act that applies to misleading representation when consumers are misinformed about products?
2. If a criminal prosecution is brought against a jewellery company for false or misleading representation knowingly or recklessly, what are the considerations that the prosecution will be based on?
3. The Competition Act provides that a court can order administrative monetary penalties, and or/or to pay restitution to purchasers.
a. What are the highest monetary penalties for individuals?
b. What are the highest monetary penalties for a corporation?
4. Is the Ontario Consumer Protection Act, 2002, a federal act or provincial act?
5. Part III of the Ontario Consumer Protection Act, 2002 identifies false or misleading representations as one type of unfair practices. If such unfair practices have occurred, then what recourse is available to consumers?
6. Under the Competition Act, what adjudication bodies may hear cases relating to deceptive marketing practices?
7. If a person or a corporation believes that another business is engaging in the anti-competitive practice of exclusive dealing, how would the person or corporation pursue a remedy?
8. The Sale of Goods Act provides a set of 5 rules that apply when parties to a contract fail to specify in the contract when title to goods transfer. Why is it important to determine when title passes from the seller to the purchaser?
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Business Law Assignment
Question: This is a Business Law Assignment Sam Gagnon was working in his new role as a re...This is a Business Law AssignmentSam Gagnon was working in his new role as a regional manager in the jewellery industry. He wanted to learn as much as he could and was particularly interested in hearing about customer challenges in Ontario, the district assigned to him by head office. At a recent conference in Toronto, he attended a panel discussion in which customers expressed their concerns...
Area Act Date Description Telecommunications Telecommunications Deregulation and Competition Act of 1996—an update to Communications Act...
Area Act Date Description Telecommunications Telecommunications Deregulation and Competition Act of 1996—an update to Communications Act of 1934 (47 USC 151 et seq.) 1934 Regulates interstate and foreign telecommunications (amended in 1996 and 2001) Civil legal evidence Federal Rules for Civil Procedure (FRCP) 1938 As updated in 2006, specifies requirements for the storage, protection, and surrender of discoverable electronic data as used in federal civil proceedings Freedom of information Freedom of Information Act (FOIA) 1966 Allows for disclosure of previously...
Please help with this business law assignment Homework assignment for Week 4 1. Ann owed $2,500...
Please help with this business law assignment
Homework assignment for Week 4 1. Ann owed $2,500 to Barry for services Barry rendered to Ann. The debt was due June 30, 2011. In March 2012, the debt was still unpaid. Barry was in urgent need of ready cash and told Ann that if she would pay $1,500 on the debt at once, Barry would release her from the balance. Ann paid $1,500 and stated to Barry that all claims had been...
1.) One way to characterize the nature of a government is by its __________________. Select one:...
1.) One way to characterize the nature of a government is by its __________________. Select one: a. business ideology b. social ideology c. ethnic ideology d. regional ideology e. political ideology 2.) The ultimate government involvement in trade is when the government Select one: a. itself is the customer b. gives tax breaks to businesses c. prevents competition d. controls the foreign competition with tariffs e. allows domestic businesses to bribe in foreign countries so they can remain competitive 3.)...
Read Anxious Alan and answer the following questions. It is expected that each answer provided will...
Read Anxious Alan and answer the following questions.
It is expected that each answer provided will contain fully
developed thoughts and comments.
Anxious Alan Alan was excited about his new job with the local phar- macy. His family had always used the pharmacy, and he had many mem- ories from his childhood about what good and reliable business practices it seemed to have. He would be able to live in the same neighborhood, walk to work, and be home for...
Question 7 Compensatory damages include... A monetary award intended to deter a defendant from similar behavior...
Question 7 Compensatory damages include... A monetary award intended to deter a defendant from similar behavior in the future losses or expenses incurred as a consequence of a broken contract Recovery of medical bills or costs already expended, or can reasonably be expected in the future. Loss of anticipated profits from a business deal falling through Question 8 1 points Save Answer William is a reporter for a local newspaper. He writes an article about Patty, an ordinary citizen who...
Background Information Recently, there has been talk amongst the partners regarding the expansion of the business...
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match the argument with the response suggested by economi Match the argument with the response suggested...
match the argument with the response suggested by
economi
Match the argument with the response suggested by economists. The jobs argument: Trade should be restricted A Trade restriction causes domestic prices to rise. The cost because it destroys jobs in industries that compete with imports to consumers exceeds the lost earnings of workers who lose their jobs. It would be cheaper to pay the workers The dumping argument When a producer sells a retaliation from trading partners will shrink employment...
41 The money supply is a curve that is typically drawn as a vertical line on...
41 The money supply is a curve that is typically drawn as a vertical line on the standard money supply - money demand graph that is used in the study of monetary policy. We all know the money supply is only controlled by the Federal Reserve Bank. Conclusion: In the audio visual lecture Professor Torres stated that anytime we see a supply curve drawn as a vertical curve line, then that means that the product or service is 100 percent...
Assignment 03B What Is Owed? First Name_ Last Name Learning Objective: to compute tax liability based...
Assignment 03B What Is Owed? First Name_ Last Name Learning Objective: to compute tax liability based on taxable income. Mr. Smith has had a very good year. It is early November, and he wants to ensure he sets enough money aside to pay his taxes next April. He has outlined his anticipated income for tax season and some of his plans going forward. Mr. Smith works several jobs, and he also has some investments. In his normal job as a...
Please help with this business law assignment
Homework assignment for Week 4 1. Ann owed $2,500 to Barry for services Barry rendered to Ann. The debt was due June 30, 2011. In March 2012, the debt was still unpaid. Barry was in urgent need of ready cash and told Ann that if she would pay $1,500 on the debt at once, Barry would release her from the balance. Ann paid $1,500 and stated to Barry that all claims had been...
Read Anxious Alan and answer the following questions.
It is expected that each answer provided will contain fully
developed thoughts and comments.
Anxious Alan Alan was excited about his new job with the local phar- macy. His family had always used the pharmacy, and he had many mem- ories from his childhood about what good and reliable business practices it seemed to have. He would be able to live in the same neighborhood, walk to work, and be home for...
Question 7 Compensatory damages include... A monetary award intended to deter a defendant from similar behavior in the future losses or expenses incurred as a consequence of a broken contract Recovery of medical bills or costs already expended, or can reasonably be expected in the future. Loss of anticipated profits from a business deal falling through Question 8 1 points Save Answer William is a reporter for a local newspaper. He writes an article about Patty, an ordinary citizen who...
match the argument with the response suggested by
economi
Match the argument with the response suggested by economists. The jobs argument: Trade should be restricted A Trade restriction causes domestic prices to rise. The cost because it destroys jobs in industries that compete with imports to consumers exceeds the lost earnings of workers who lose their jobs. It would be cheaper to pay the workers The dumping argument When a producer sells a retaliation from trading partners will shrink employment...
41 The money supply is a curve that is typically drawn as a vertical line on the standard money supply - money demand graph that is used in the study of monetary policy. We all know the money supply is only controlled by the Federal Reserve Bank. Conclusion: In the audio visual lecture Professor Torres stated that anytime we see a supply curve drawn as a vertical curve line, then that means that the product or service is 100 percent...
Assignment 03B What Is Owed? First Name_ Last Name Learning Objective: to compute tax liability based on taxable income. Mr. Smith has had a very good year. It is early November, and he wants to ensure he sets enough money aside to pay his taxes next April. He has outlined his anticipated income for tax season and some of his plans going forward. Mr. Smith works several jobs, and he also has some investments. In his normal job as a...
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