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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q42-Q47):

NEW QUESTION # 42
Brown and Green have a concept for a new survey measuring instrument based on their many years in the Civil Survey field. They want to establish a business to raise capital, design,manufacture, and market this new instrument. Both Brown and Green are well established, are in their mid-50s, and have no family members who would be prepared to take over the business when they are ready to retire in about 10 years.
What form of business would the two entrepreneurs choose if they wanted the easiest and lowest-cost way to get it off the ground?

A. A joint venture
B. A sole proprietorship
C. A partnership
D. A corporation

Answer: C

Explanation:
Apartnershipis theeasiest and lowest-cost wayfor two or more people to start a business together.
Step-by-Step Explanation:
* What Is a Partnership?
* A businessowned by two or more people.
* Lower setup coststhan a corporation.
* Profits and lossesare sharedbetween partners.
* Why a Partnership Works for Brown & Green:
* Theyshare expertise and investment.
* Less paperwork and fewer legal requirementsthan a corporation.
* Since they plan toretire in 10 years, a partnership offersflexibility without long-term obligations.
* Why Option C Is Correct:
* Requires minimal startup capital.
* Simple to set up and dissolve.
* Why Other Options Are Incorrect:
* A (Corporation)- More complex,higher startup costs, and strict regulations.
* B (Sole Proprietorship)-Only one owner allowed.
* D (Joint Venture)- Used forshort-term projects, not long-term businesses.
Reference:
Ontario Business Corporations Act - Partnership Laws
OACETT Business Guidelines for Engineers & Technologists

NEW QUESTION # 43
What is the most appropriate additional resource below that a professional can use to make an ethical decision?

A. Supportive family members.
B. Non-professional peers who can serve as confidantes.
C. News clips summarizing similar ethical situations.
D. The Code of Conduct for the organization for which the professional works.

Answer: D

Explanation:
When faced withan ethical dilemma, professionalsmust rely on formal guidelines and codes of conductto ensuretheir decisions align with industry standards and legal requirements.
Step-by-Step Breakdown:
1. Ethical Decision-Making in a Professional Setting:
* Ethical dilemmas in engineering and technologyoften involve conflicts between business interests, safety concerns, and regulatory compliance.
* Professionalsmust use structured ethical frameworks(e.g.,OACETT Code of Ethics, employer's Code of Conduct) rather than personal opinions or informal advice.
2. Why an Organization's Code of Conduct Is the Best Resource:
* A company'sCode of Conductis designedto address ethical situations specific to that organization.
* These codesalign with provincial and national laws, ensuring compliance with industry regulations.
* Example:
* ACET working in environmental engineeringis asked to approve awaste disposal method that violates sustainability guidelines.
* Consulting the company'sCode of Conductensures they followproper reporting procedures without violating professional obligations.
3. Why Option B Is Correct:
* A Code of Conduct provides structured guidelines for ethical decision-making.
* Ensures consistency and alignment with professional expectations.
4. Why Other Options Are Incorrect:
* A (Non-professional peers)- Friendsmay not understand industry-specific ethics.
* C (News clips)- News reportsare not a legal or professional standard.
* D (Family members)- Familymay provide moral supportbutcannot provide professional guidance.
Reference:
OACETT Code of Ethics - Ethical Decision-Making and Professional Conduct Ontario Engineering Ethics Act - Workplace Ethical Guidelines

NEW QUESTION # 44
What is PLAR?

A. Past Learning Academic Review.
B. Prior Learning Assessment Recognition.
C. Past Learning Assessment Review.
D. Prior Learning Academic Review.

Answer: B

Explanation:
1. What is PLAR?
Prior Learning Assessment Recognition (PLAR)is a process that evaluates:
* Work experience, informal training, and other non-traditional educationto determine if they meet the certification requirements for OACETT.
* Used byOACETT to assess applicants who may not have traditional academiccredentials but have industry experience.
2. Why PLAR Matters in Engineering Technology
* Some professionalsgain extensive knowledge through work experience, military service, or international education.
* PLAR allows themto demonstrate equivalent competency and qualify for certification.
3. Why Option D is Correct:
* PLAR stands for Prior Learning Assessment Recognition.
4. Why Other Options Are Incorrect:
* A, B, C (Various incorrect names)- The official term isPrior Learning Assessment Recognition (PLAR).
Reference:
OACETT Certification Handbook - PLAR Guidelines for Applicants
Ontario Ministry of Education - PLAR Policies for Adult Learners & Professionals

NEW QUESTION # 45
What is a by-law?

A. A law that has wider application than an Act.
B. A law with limited application that defines the circumstances under which an Act is relevant or not.
C. A law that precedes an Act and defines the process by which the Act is to be written.
D. A law with limited application that regulates how an organization is to be operated.

Answer: D

Explanation:
1. What is a By-Law?
* Aby-law is a rule created by an organization or municipality to regulate internal operations and governance.
* Unlike Acts (laws passed by governments), by-laws apply only within the organization or jurisdiction that creates them.
2. Examples of By-Laws in Professional Organizations
* OACETT By-Laws govern:
* Membership requirements.
* Certification processes.
* Code of Ethics enforcement.
3. Why Option A is Correct:
* By-lawsapply specifically to the organization or governing body that creates them.
* Example: OACETT's by-lawsregulate the certification process but do not apply outside OACETT' s jurisdiction.
4. Why Other Options Are Incorrect:
* B (A law that precedes an Act)- Incorrect;by-laws follow Acts, not the other way around.
* C (Wider application than an Act)- Incorrect;Acts are broader and enforceable by law, while by- laws apply to specific groups.
* D (Defines when an Act is relevant or not)- Incorrect;Acts are defined by legislation, not by-laws.
Reference:
OACETT By-Laws - Internal Rules & Regulations
Ontario Municipal Act - Definition and Application of By-Laws

NEW QUESTION # 46
What is the name of a term in a contract, that although not stated in the contract, would likely have been included if the parties to the contract had thought about it?

A. Express
B. Bilateral
C. Facilitative
D. Implied

Answer: D

Explanation:
Animplied termis aprovision that is not explicitly written in a contract but is assumed to existbased on industry norms, legal principles, or common practice.
Step-by-Step Explanation:
* Types of Contract Terms:
* Express Terms- Clearly stated in writing.
* Implied Terms- Assumed bylaw, custom, or necessity.
* Example:
* Aconstruction contract may not explicitly state that materials must meet safety standards, butsuch a requirement is implied.
* Why Option A Is Correct:
* Courtsassume implied termswhennecessary for fairness and functionality.
* Why Other Options Are Incorrect:
* B (Express)-Explicitly written terms, not implied.
* C (Facilitative)- No such legal concept in contract law.
* D (Bilateral)-Refers to agreements between two parties, not contract terms.
Reference:
Ontario Contract Law - Implied Terms Doctrine
OACETT Code of Ethics - Honesty and Clarity in Contracts

NEW QUESTION # 47
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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q42-Q47):

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