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Business Law in Canada, 12e (Yates/Bereznicki-Korol/Clarke) Chapter 1 Managing Your Legal Affairs 1) In the context of a sophisticated client, "sophisticated" can best be defined as A) complicated, self-reliant, and cosmopolitan. B) refined and cultured. C) simple and naïve. D) confident, knowledgeable, and up to date. E) aggressive, dynamic, and forceful. Answer: D Diff: 1 Type: MC Page Ref: 2 Topic: Ch. 1 - Becoming a Sophisticated Client Skill: Recall Objective: Chapter 1: 1. Explain the meaning of "sophisticated client." Bloom&039;s Taxonomy: Knowledge 2) Which of the following best describes the likelihood of a student becoming involved in a situation necessitating legal advice? A) A student, or someone close to a student, sometimes becomes involved in such a situation. B) A student, or someone close to the student, will always become involved in such a situation. C) Because students are not business people, they never become involved in such situations. D) Because students cannot be sophisticated, they will often become involved in such situations. E) Legal advice is not available to students. Answer: A Diff: 1 Type: MC Page Ref: 3 Topic: Ch. 1 - "I Think I Need Legal Advice..." Skill: Applied Objective: Chapter 1: 1. Explain the meaning of "sophisticated client." Bloom&039;s Taxonomy: Knowledge 3) Becoming a sophisticated client will A) ensure that a business person never needs a lawyer. B) help a business person manage her legal affairs more efficiently and effectively. C) result in a business person developing a bias against lawyers. D) relieve a business person from having to conduct legal research. E) protect a business person from needing legal advice. Answer: B Diff: 2 Type: MC Page Ref: 3 Topic: Ch. 1 - "I Think I Need Legal Advice..." Skill: Applied Objective: Chapter 1: 1. Explain the meaning of "sophisticated client." Bloom&039;s Taxonomy: Knowledge 3 4) Having a good lawyer on your team is A) usually too expensive to be worthwhile. B) only necessary for large companies. C) a good alternative to becoming a sophisticated client. D) a legal requirement prior to incorporating a business. E) a critical component of being a sophisticated client. Answer: E Diff: 3 Type: MC Page Ref: 4 Topic: Ch. 1 - Becoming a Sophisticated Client Skill: Applied Objective: Chapter 1: 1. Explain the meaning of "sophisticated client." Bloom&039;s Taxonomy: Knowledge 5) Which of the following best describes the role of the lawyer? A) The lawyer makes the legal decisions for the client. B) The lawyer is simply one of the experts the businessperson consults. C) The client must follow the lawyer&039;s instructions, as long as they are lawful. D) The client makes decisions regarding civil matters; the lawyer makes decisions regarding criminal matters. E) The lawyer makes decisions regarding civil matters; the client makes decisions regarding criminal matters. Answer: B Diff: 2 Type: MC Page Ref: 4 Topic: Ch. 1 - The Role of the Lawyer Skill: Recall Objective: Chapter 1: 2. Examine the role of the lawyer. Bloom&039;s Taxonomy: Knowledge 6) One reason for a lack of respect for lawyers is that A) many people do not understand the role of the lawyer in the solicitor-client relationship. B) lawyers are not bound by a code of professional conduct. C) lawyers who breach their duties are generally not subject to any punishment. D) lawyers are rarely able to provide information or advice relevant to business matters. E) the cost of legal advice generally outweighs its benefit. Answer: A Diff: 2 Type: MC Page Ref: 3 Topic: Ch. 1 - The Role of the Lawyer Skill: Recall Objective: Chapter 1: 2. Examine the role of the lawyer. Bloom&039;s Taxonomy: Knowledge 4 7) The role of the lawyer is to A) provide legal advice relevant to the client&039;s situation, which the client is free to ignore. B) provide legal advice relevant to the client&039;s situation, which the client has no choice but to follow. C) tell clients what they must do. D) tell clients what they must not do. E) delay the client&039;s decision-making process. Answer: A Diff: 2 Type: MC Page Ref: 4 Topic: Ch. 1 - The Role of the Lawyer Skill: Recall Objective: Chapter 1: 2. Examine the role of the lawyer. Bloom&039;s Taxonomy: Knowledge 8) Which of the following statements best describes solicitor-client privilege? A) The lawyer makes the legal decisions for the client. B) The lawyer is the only expert a client should consult. C) The lawyer must follow the client&039;s instructions, even if they are illegal in nature. D) It is the duty of the lawyer to keep the information provided by the client confidential. E) The lawyer makes decisions regarding civil matters; the client makes decisions regarding criminal matters. Answer: D Diff: 2 Type: MC Page Ref: 4 Topic: Ch. 1 - The Role of the Lawyer Skill: Recall Objective: Chapter 1: 2. Examine the role of the lawyer. Bloom&039;s Taxonomy: Knowledge 9) Sophisticated clients A) do not require the services of a lawyer. B) understand the importance of the solicitor-client relationship. C) distrust and deride lawyers. D) is someone with formal legal training. E) should represent themselves, rather than paying for legal services. Answer: B Diff: 2 Type: MC Page Ref: 4 Topic: Ch. 1 - When to Hire a Lawyer Skill: Recall Objective: Chapter 1: 1. Explain the meaning of "sophisticated client." Bloom&039;s Taxonomy: Knowledge 5 10) Raman is a sophisticated client. This means that she A) understands how to manage a lawyer-client relationship. B) has a law degree. C) is a small business owner. D) manages her legal affairs without assistance from a lawyer. 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Which type of genetic disease affects males more frequently than females? - Correct Answer-Sex-Linked recessive. Since males only have one X and one Y, if the affected chromosome has the illness, it will be expressed. In which two conditions are chromosomal abnormalities the leading known cause? - Correct Answer-Intellectual disability and fetal miscarriage. Chromosome abnormalities are the leading known cause of intellectual disability and fetal miscarriage. What are three examples of prenatal diagnostic studies? - Correct Answer-Chorionic villus sampling (CVS), amniocentesis, and preimplantation genetic testing (PGT) are examples of prenatal diagnostic studies and are performed in vitro. CVS is a form of genetic testing that provides genetic information found in utero and is usually performed between weeks 11 and 14 of pregnancy. An amniocentesis is a form of genetic testing that evaluates amniotic fluid and is usually performed during the second trimester, between weeks 15 and 20 of pregnancy. PGT is performed on the embryo prior to implantation. Which genetic disorder is characterized by the presence of a zygote having one chromosome with a normal complement of genes and one chromosome with a missing gene? - Correct Answer-Cri du chat syndrome (translated as "cry of the cat") is caused by a DNA deletion. This term describes the cry often heard from a baby affected by the syndrome. Cri du chat syndrome can present as a microcephalic, low birth-weight baby with a piercing cry. How can an X-linked recessive disease skip generations? - Correct Answer-The disease can be transmitted through female carriers. Since females have two copies of the X chromosome, the mother may provide an unaffected X to a daughter or son. Furthermore, a daughter may not show signs of the disease because she has the other X (the only X the father can give to a female) to cancel it out
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