What are the major methods of securing debt in canada

Assignment Help Business Law and Ethics

Reference no: EM133561321

Please answer the following questions.

1. It is possible to establish an LLC in Canada. Do you agree or disagree? Explain in detail.

2. How exactly a limited partner can lose the limited partner status and become a general partner with unlimited liability? Can you think of any relevant case law?

3. What are the major differences between a limited partnership and a limited liability partnership?

4. Directors owe a fiduciary duty to the corporation. Explain.

5. How do courts differentiate between an employee and an independent contractor?

6. What are the major methods of securing debt in Canada?

7. Bankruptcy and insolvency are interchangeable teams (they mean the same), do you agree? What are the purposes of Bankruptcy and insolvency Act R.S.C 1985, c. B-3.?

8. In Arora v. Whirlpool Canada LP, 2013 ONCA 657, damages had been claimed for both express and implied warranty. Summarize the Court's ruling regarding these two issues.

9. Common law does not protect confidential information and trade secrets in Canada. Critically assess the credibility of this statement based on Lac Minerals Ltd. v. International Corona Resources Ltd., [1989] 2 S.C.R. 574.

10. Computer programs cannot be protected under patent law in Canada. Do you agree with this statement? You are required to cite relevant "up-to-date" Canadian case law to justify your answer.

Reference:

Yates, R. A., Bereznicki-Korol, T., Clarke, T., & Palmer, D. (2020). Business law in Canada (12th Canadian ed.). Pearson Canada Inc.

Please provide a response with IN-TEXT Citations.

Reference no: EM133561321

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