In Royal Bank of Canada V

question 147

Multiple Choice

In Royal Bank of Canada v. Holoboff, the Bank sued Holoboff, a minor, who had sold his client card and personal identification number (PIN) to a third party who defrauded the bank. What was the result?

• A) Holoboff was found liable for the tort of conspiracy to commit fraud.
• B) Holoboff was found liable for breach of contract, despite being a minor.
• C) Holoboff was not liable for anything, as minors can never be liable.
• D) Holoboff's parents were automatically liable for Holoboff's tort.
• E) Holoboff's parents were automatically liable for Holoboff's breach of contract.

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Definitions:

Inductive Technique

A reasoning approach that moves from specific instances to a generalized conclusion or theory.

Warmth-coldness

A psychological dimension characterizing interpersonal relationships or personality traits, ranging from warmth (friendly, compassionate) to coldness (unfriendly, indifferent).

Restrictiveness-permissiveness

A spectrum describing parenting or educational styles, with restrictiveness involving strict rules and permissiveness entailing more freedom and fewer rules.

Baumrind

Refers to Diana Baumrind, a developmental psychologist known for her research on parenting styles and their effects on children.