Which of the Following Is a Significant Risk for Canadian

question 32

Multiple Choice

Which of the following is a significant risk for Canadian companies doing business in the U.S.marketplace?

• A) Damage awards in the U.S.tend to be much higher than in Canada.
• B) Unsuccessful litigants have limited rights to appeal in the U.S.compared to Canada.
• C) Contingency fee agreements are less frequently available in the U.S.than in Canada.
• D) Unlike Canada,the U.S.has a general rule that unsuccessful litigants must pay the costs of the winning party.

---

Definitions:

Bulk Sales

A transaction in which a business sells a significant portion of its inventory to a single buyer, often as a part of liquidation.

Article 6

A specific provision within a legal document or constitution; the context varies depending on the document (e.g., U.S. Constitution's Article 6 establishes federal laws as the supreme law of the land).

Creditors

Individuals or organizations to whom money is owed.

Voidable Title

A legal concept where a title or ownership of property can be rendered invalid based on certain conditions or fraud.