Question 1

The Canada Consumer Product Safety Act (CCPSA)applies to manufacturing,importing,selling,and distributing,and applies to a broad range of products.The CCPSA also provides for all of the following EXCEPT

Accepted Answer

A) mandatory disclosure of defect incidences. 
B) increasing penalties for non-compliance. 
C) expanding criminal liability to include directors and officers. 
D) banning unsafe products and setting standards of quality for others. 
E) expressly providing to the consumer a civil cause of action for damages.

Question 2

The Competition Act creates a number of criminal offences punishable by fines and imprisonment.The Act prohibits competitors from entering into agreements that hurt competition in their industry which are generally described as conspiracies.Criminal conspiracies include all of the following except

Accepted Answer

A) price fixing. 
B) market allocation. 
C) restriction of supply. 
D) telemarketing. 
E) sport professional restraint of play.

Question 3

A voluntary code of conduct created to supplement legislation is as binding as the legislation itself.

Accepted Answer

A) True 
 B)False

Question 4

A law that prohibits any form of association between two or more businesses is probably

Accepted Answer

A) not valid under the Charter of Rights and Freedoms. 
B) valid under the Charter of Rights and Freedoms. 
C) void under federal legislation. 
D) void under provincial legislation. 
E) none of the above

Question 5

A law that applies restrictions on advertising,but does not prohibit it,is probably

Accepted Answer

A) void under provincial legislation. 
B) not valid under the Charter of Rights and Freedoms. 
C) valid under the Charter of Rights and Freedoms. 
D) void under federal legislation. 
E) none of the above

Question 6

Regarding government regulations,a distinction is sometimes made between direct regulation and social regulation.Which of the following would be a social regulation?

Accepted Answer

A) rate of return on deposits 
B) standards of safety at amusement parks. 
C) production levels of utilities 
D) pricing of brokerage services 
E) import quotas on textiles

Question 7

In relation to price fixing,what is parallel pricing?

Accepted Answer

The answer of In relation to price fixing,what is parallel...

Question 8

Consumer protection statutes create regulatory offences that require mens rea and usually allow the due diligence defence.

Accepted Answer

A) True 
 B)False

Question 9

Bill and Ted are engaged in the business of selling bottled water.Bill's company operates in northern Ontario.Ted's company operates in southwestern Ontario.They are the main suppliers of bottled water in their respective areas.Ted decides to open a new office in northern Ontario in order to compete directly with Bill.Prior to the office opening,Bill and Ted bump into each other at a convention.They have a short discussion about business over dinner and agree orally that neither one of them will ever try and move into the other's existing territory.They shake hands and leave.The nature of the agreement entered into by Bill and Ted

Accepted Answer

A) constitutes abuse of dominant position. 
B) constitutes the offence of bid-rigging. 
C) constitutes the anti-competitive behavior of predatory pricing. 
D) constitutes a breach of section 45 of the Competition Act. 
E) is an offence under section 46 of the Competition Act implementing in Canada a directive or instruction from a person outside Canada.

Question 10

Administrative bodies created by statute must provide a basic level of procedural fairness to those persons likely to be affected by any decision.At a minimum,procedural fairness includes all of the following except

Accepted Answer

A) the right to be heard. 
B) access to relevant documents. 
C) adequate notice of any public hearing. 
D) an impartial decision maker. 
E) legal aid to those who cannot afford a lawyer.

Question 11

Edward is an arbitrator appointed under the Arbitration Act.Procedure under the Act is set out in another statute,which makes it mandatory that arbitration briefs be filed by each party to the arbitration.In an arbitration hearing held yesterday,only one party was permitted to file an arbitration brief,but Edward decided that the other brief was unnecessary and rendered his decision.On a judicial review hearing of Edward's decision,

Accepted Answer

A) Edward's decision will be set aside for failure to comply with fairness. 
B) Edward's decision will be set aside for an error in law. 
C) Edward's decision will not be set aside. 
D) Edward's decision will be set aside for procedural irregularity. 
E) Edward's decision will be set aside for exceeding his authority.

Exam 3: Government Regulation of Business

The Canada Consumer Product Safety Act (CCPSA) applies to manufacturing,importing,selling,and distributing,and applies to a broad range of products.The CCPSA also provides for all of the following EXCEPT