Management and Organizational Studies 2275A/B Chapter 1: Chapter 1
Document Summary
Good business decisions cannot be made without consideration of the appropriate laws. The hearsay is secondhand evidence and it is not admissible. Evidence can be a tangible object, a piece of documentation, or simply an eyewitness account. The lawyer s advice to his client will not be of any value unless the client has provided all relevant information to the lawyer. Solicitor-client privilege refers to the duty of the lawyer to keep the information provided by the client confidential. Lawyers can provide information and advice that help business owners make decisions appropriate for achieving their objectives. Lawyers can provide advice and information that will enable business owners to minimize their potential risk and liability when buying an existing business. Lawyers can help ensure that when starting a business, all relevant laws will be complied with (municipal, provincial, and federal laws)