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CANADIAN BOARD OF EXAMINERS FOR PROFESSIONAL SURVEYORS C11 - BUSINESS PRACTICES & THE PROFESSION

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CANADIAN BOARD OF EXAMINERS FOR PROFESSIONAL SURVEYORS C11 - BUSINESS PRACTICES & THE PROFESSION

Q. No Time: 3 hours Value Earned

Define each of the following terms as it pertains to business law in Canada:

a) Parliament

b) Power of attorney

c) Performance bond

d) Conflict of interest

e) Contractual liability

f) Restrictive covenant

g) Professional ethics

2. Describe at least 3 types (or categories) of law in the Canadian system. 6

3. What are the general principles for mineral ownership? 15

4. Provide examples of three different marketing activities and the rationale for using

them. 10

5. What happens to Indian Reserve land under FNLMA and how does the First

Nation handle the land under FNLMA? 5

6. What would business insurance provide for your firm? 10

7. Provide at least five different reasons why a written contract for surveying services

should be the norm in your practice. 15

8. What is meant by the term “prime rate”? 4

9. How can a contract be discharged? 15

Total Marks: 100

October 2014 Marks Note: This examination consists of 9 questions on 1 page.

1. 20

C11 - Business Practices the Profession 2014 10 Page 1 of 1

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