1. Address the points raised just below the question, in the form of a well written paragraph. (10 points)2. Using what we have learned so far in the course, what area of the law would this fall under. And why? (3 points)3. Had you been the lawyer for the defendant in the case before this matter went to court, what advice would you have given your client and why? (2 points)BONUS QUESTION: When researching legal matters, what would be an excellent authoritative place to do this on the internet? What assurance would you have of the legitimacy of the site? (possibility to get 3 points)

3. 369413 Alberta Lid. F. Pocklington (2000), 194 D.L.R. (4th) 109, 271 A.R. 280, (Alta. C.A.); 2000 ABCA 307 (CanLII). Gainers, an Alberta corporation, turned to the provincial government for funding. The agreed-upon terms required Gainers not to sell or dispose of its assets without the prior written consent of its major creditor, the Alberta government. When Gainers fell upon financial difficulty, its sole director, Peter Pocklington, signed a director's resolution trans- ferring certain shares owned by Gainers (valued in the millions) to his own company. Pocklington Holdings Lid., for $100. This transfer took place one day before Alberta gave notice of its intention to exercise its rights under their security agreement. As a result of the share transfer, Gainers was without sufficient resources to repay the government