Question 48 A shareholder could face personal liability it Marked out of 100 Flag Select one: a. That shareholder received specific confidential information from one of the officers of the corporation, and then used the Information to his advantage when deciding to buy shares b. That shareholder entered into a contract with the corporation, without disclosing that he was a shareholder c. That shareholder sold his shares to another person for less than market value d. That shareholder entered into a contract with the competition or with a rival company Question 49 All of the following are true about tort law EXCEPT: Not yet Marked out of 1.00 P Pag question Select one a. Tort law is found mostly in legislation passed by the Alberta courts. b. Tort law compensates victims of wrongful conduct. Typically, a wrongdoer found able to a victim is required to pay general damages and special damages. In certain cases, such as where a wrongdoer has humiliated the victim, a wrongdoer may also be required to pay punitive or aggravated damages. c. Sometimes a wrongtul act will be both a crime and a tort. Someone could tace divi lability as well as punishment for the conduct in question through the criminal justice system. d. An act does not have to be intentional to be classified as a ton. Certain unintentional conduct can also be classified as a ton. Question 50 Choose the CORRECT statement concerning torts: Not yet noworod Marked out of 1.00 Select one: a. Conversion involves someone inadvertently appropriating the goods of another. b. Detinue occurs when some attacks the reputation of another's product or business. c. Product defamation involves the wrongful possession of someone else's goods. d. Any direct intentional interference causing damage to the goods of another is a trespass to chattels. Flag