Question

4. Ivan has become very interested in rock climbing and has made an arrangement for his first excursion with a rock-climbing group. He needs proper equipment and attends at FreeFall Sports Co. that has advertised itself as Toronto’s experts in top quality rock climbing equipment. Ivan speaks with a salesperson at the shop asking him for advice as to equipment he will need, with the result that Ivan purchases a harness and rope which the sales person assures him will hold his 225 lb weight when rock climbing. Ivan is seriously injured when the rope breaks as Ivan makes his first climb. It turns out that the rope is good for a 175 lb. person only.

• Will FreeFall Sports Co. be liable? Explain your answer.

6. Charlie has assigned his rights under a contract to Sarah. The assignment did not meet all the requirements of the Statutory Assignments Act.

Is the assignment still valid? Explain your answer

9. Describe the two key benefits of carrying on business as a corporation that are not available o sole proprietors or general partnerships.

Answer 1

Will FreeFall Sports Co. be liable? Explain your answer.

Answer:

Yes, the FreeFall Sports Co. shall certainly liable for the loss bared by Ivan and he should be compensated for sure. This scenario can be prosecuted under the federal law the Lanham Act, which is the federal false advertising statute and Dodd-Frank Wall Street Reform and Consumer Protection Act. Ivan can even reach out to the consumer financial protection Bureau (CFPB) for the same.

(Note: Dear Student, as a Chegg Expert we are only supposed to provide answers to one question at a time. Hence, unable to answer rest of the questions asked. I would appreciate if you could share the other questions separately. Thank you!!)