11/4/24, 3:29 PM Solicitor Bar Exam Ontario |2024-2025 Update|COMPLETE MOST-TESTED QUESTIONS AND VERIFIED ANSWERS (100% …
Solicitor Bar Exam Ontario |2024-2025
Update|COMPLETE MOST-TESTED QUESTIONS
AND VERIFIED ANSWERS (100% Correct
answers)|GET IT 100% ACCURATE!!
Terms in this set (149)
Upon reviewing a list of A current client of the firm in a separate matter.
beneficiaries for an
estate what relationship
pose a potential conflict?
A client demands an A lawyer should advise the client in writing that a
answer on short notice proper opinion cannot be rendered within the
about how a recent court designated timeframe.
decision will impact their
ongoing lawsuit on a
similar issue.
A real estate lawyer who The lawyer in a joint retainer must provide a copy of
is acting for purchaser any changes provided by one party to the other
and lender learns of an party. If a conflict arises the lawyer must withdraw
addendum to the price. from representing both parties.
What must the lawyer
do?
To whom can a private A private corporation may issue shares to current or
corporation issue its former directors or current officers of the
shares within the corporation only.
exemption from
registration and
prospectus.
, 11/4/24, 3:29 PM Solicitor Bar Exam Ontario |2024-2025 Update|COMPLETE MOST-TESTED QUESTIONS AND VERIFIED ANSWERS (100% …
Your client is the director The lawyer should advice the client that only the
of a family corporation board of directors can terminate an employee and
who is having marital that the lawyer can represent the corporation only
difficulties. They want you with instructions from the board of directors.
to terminate their
husband's employment
with the corporation.
What action should you
take?
A lawyer is on joint The lawyer must receive instructions from all parties
retainer in a complex real in the joint retainer and the lender before altering
estate transaction when title documents.
one of the clients states
they will be the only one
on title. Who must the
lawyer contact?
Can a lawyer represent No if the loan is for more than $50,000 and the
the purchaser and lender lender is not a registered lender.
in a single transaction if
the lender is an
unrelated, private
person?
what is the best advice a when a party requests an extension so they may
lawyer could give his fulfill their obligations under an agreement to
client to manage their purchase and sale the lawyer should advice the
expectations in respect client counter offer with realistic timelines and a
to a proposed offer to responsibility for costs.
extend a closing in a real
estate matter?
What is satisfactory Only confirmation from the appropriate municipal
evidence that the legal authority is satisfactory evidence of legal use.
use of a property is
accurate according to
intended use.
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