Read and study that material before attempting to answer these questions. Keep your answers short and to the point. Please use full sentences and do not use point form writing. PLEASE COPY THE QUESTION BEFORE YOU ANSWER IT$.$

Resource: Canadian Business Law, $4$th edition

$1.$If you propose a name for your corporation that is too similar to the name of an exiting corporation and likely to cause confusion, what will happen? $($ I mark$)$

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$2.$ Briefly describe the legal characteristics of a general partnership. $(2$ marks$)$

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$3.$ What is debt financing? Give two ways that it may be accomplished. $(2$ marks$)$

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$4.$Identify three things that a Canadian business can do to promote business reconciliation and help to ensure that Indigenous Peoples have access to economic opportunities. $(3$ marks$)$

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$5.$List three remedies that may be ordered by a human rights tribunal. $(3$ marks$)$

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$6.$What is the purpose of a prospectus? $(1$ marks$)$

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$7.$Briefly describe the four key rights given to workers by the Occupational Health and Safety Act. $(4$ marks$).$

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$8.$What is a "probationary period" and how an it be used by an employer? $(2$ mars$)$

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$9..$What is a general security agreement? $(1$ mark$)$

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$10.$What is the crucial difference between a general partnership and a limited liability partnership? $(1$ mark$)$

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$11.$What inexpensive searches can a potential creditor conduct to learn about a debtor's past repayment performance? $(6$ marks$)$

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$12.$What is the most important advantage of using a corporation to operate a business? $(1$ mark$)$

$13.$What is the general purpose of the Bankruptcy and Insolvency Ac$?$ What advantages does it provided to both a bankrupt company and its creditors? $(3$ marks$)$

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