Corporate Law
“The corporation is the most common form of business organization. It is used for all types and sizes of businesses, from one-person operations to large multinationals.” 128 This section will…
Legal Requirements
As is the case with sole proprietorships, partnerships also require an HST number and business name registration. In addition, as with sole proprietorships, depending on the type of activity being…
Legal Forms Of Business
In Canada, there are three basic ways to carry on business: sole proprietorship, partnership (general, limited, and limited liability), and corporation. Each of these is examined below. Sole Proprietorships A…
Business Entity Law
This section examines the law related to business entities. It begins with the basic rules of agency relationships and then provides a discussion of the basic forms of business organizations…
Remedies for Breach of Contract
There are three main types of remedies for breach, as shown in Figure : damages, equitable relief, and quantum meruit. Each will be discussed below, with most of the attention…
Breach Of Contract
Essential and Non-Essential Terms Whether breach of contract leads to discharge depends on whether it is a major or minor breach, which, in turn, depends on whether the term breached…
What is Attitude
Now that we understand why motivation is so important for self-analysis, let’s look at the role our attitude plays in better understanding ourselves. Attitude can be described as your…
The Discharge Of Contracts
When a contract is discharged, all obligations under it are brought to an end. Figure 3-24 illustrates the various ways a contract may be discharged. Discharge by Performance Discharge results…
Misrepresentation
Misrepresentation occurs when one party induces another party to enter into an agreement by making a material pre-contractual statement of fact that is false. A pre-contractual statement is material if…
Contractual Defects
This section considers how, despite having created a valid contract and adhered to the requirements of writing, the parties may still not have an agreement that both parties may enforce…
