If a Court Applies Res Ipsa Loquitur

question 17

Multiple Choice

If a court applies res ipsa loquitur

• A)the plaintiff needs to prove the case by a preponderance of the evidence.
• B)the plaintiff must prove the case by clear and convincing evidence.
• C)the defendant has the burden of proving he or she is not liable.
• D)the defendant is strictly liable.

Recognition of the key securities regulatory bodies and their filing systems in Canada.

Distinguish between various financial intermediaries and their regulatory obligations.

Understand the exemptions from the prospectus requirement under Canadian securities law.

Comprehend the definitions and identifications of insiders and their legal implications.

---

Definitions:

Communist Central Planning

An economic system where the government makes all decisions regarding the production and distribution of goods and services.

Shortages

Situations where the demand for a product or service exceeds the available supply, often leading to waiting lists or increased prices.

Incentive Problem

Refers to situations in which the incentive structures, or rewards and punishments, do not encourage the desired behavior among individuals or entities, leading to efficiency or performance issues.

Communist Central Planning

A system where all economic and production decisions are made by the government, with the aim of equal distribution of wealth.