OACETT IEPPE VALID TEST ONLINE - IEPPE EXAM TUTORIALS

OACETT IEPPE Valid Test Online - IEPPE Exam Tutorials

OACETT IEPPE Valid Test Online - IEPPE Exam Tutorials

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Tags: IEPPE Valid Test Online, IEPPE Exam Tutorials, IEPPE Latest Materials, IEPPE Exam Prep, Valid IEPPE Exam Syllabus

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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q100-Q105):

NEW QUESTION # 100
Which one of the following mistakes would be unreliable as a reason to set aside or otherwise impeach a contract?

  • A. Both parties agree upon the subject matter and terms but are mistaken about some basic facts underlying the contract.
  • B. A mistake in the identity of the subject matter.
  • C. A mistake of law.
  • D. A mistake by one of the parties which the other party knows about or is assumed to know about.

Answer: C

Explanation:
Amistake of lawgenerallydoes not allow a contract to be set aside, becauseparties are expected to know the law.
Step-by-Step Explanation:
* Types of Mistakes in Contracts:
* Mistake of fact- Canvoid a contractif fundamental.
* Mistake of law-Does not usually void a contract.
* Why Option B Is Correct:
* Courts assume thatindividuals understand the law before signing a contract.
* Why Other Options Are Incorrect:
* A, C, D - Mistakes of factcan void contracts.
Reference:
Ontario Contract Law - Mistake and Misrepresentation Principles
OACETT Business Conduct Rules


NEW QUESTION # 101
Which situation below is legal but not ethical?

  • A. A construction company uses material in the construction of the exterior finish of a condominium that meets building code requirements. The builder has used this material in the past and is confident that it will exceed its advertised lifespan.
  • B. A construction company uses material in the construction of the exterior finish of a condominium that does not meet building code requirements. The managers of the construction company feel that no one will notice, however, because the material being used looks very similar to material that does meet building code requirements.
  • C. A construction company uses material in the construction of the exterior finish of a condominium that meets building code requirements. However, the managers of the construction company are aware that this material has proven to deteriorate quickly over time and that the condominium will have to replace it within five years.
  • D. A construction company uses material in the construction of the exterior finish of a condominium that meets building code requirements. The managers of the construction company have used this material in the past and are confident that it will exceed its advertised lifespan.

Answer: C


NEW QUESTION # 102
What are the three components of WHMIS, 2015?

  • A. Education for employers in the use of hazardous materials, a labeling system for controlled and hazardous materials, materials safety data sheets for each material, and training.
  • B. General safety information for using hazardous materials, training and education for employees in the use of hazardous materials, and a labeling system for hazardous materials.
  • C. A labeling system for controlled and hazardous materials, material safety data sheets for each material, and training and education for employees in the use of the labeling and the data sheets.
  • D. A labeling system for controlled and hazardous materials, material safety videos, and training and education for employees in handling hazardous materials.

Answer: C

Explanation:
WHMIS (Workplace Hazardous Materials Information System)isCanada's national hazard communication standard.
Step-by-Step Explanation:
* WHMIS Components (2015 Update):
* Labeling System- Standardized hazard labels on chemicals.
* Safety Data Sheets (SDS)- Detailed information on hazardous products.
* Training & Education- Workers must be trained in hazard identification and safe handling.
* Why Option C Is Correct:
* Thesethree elements are requiredbyOntario's Occupational Health & Safety Act (OHSA).
* Why Other Options Are Incorrect:
* A (General safety info instead of SDS)- SDS isa required component.
* B (Employer education instead of worker education)- WHMISfocuses on worker training.
* D (Videos instead of SDS)- Trainingincludes more than just videos.
Reference:
WHMIS 2015 Regulations - Government of copyright
OACETT Occupational Health & Safety Guidelines


NEW QUESTION # 103
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.
If Brown and Green had assets and needed to raise money for their new venture, which form of business might make it easier to obtain a bank loan?

  • A. A corporation because they would not have to personally guarantee the loan.
  • B. Either a corporation or partnership as long as they personally guaranteed the new business loan; although generally, a corporation has more flexibility.
  • C. A joint venture because they would not have to personally guarantee the loan.
  • D. A partnership because they would not have to personally guarantee the loan.

Answer: B

Explanation:
When raising money,lenders require financial securitybefore approving loans. Bothcorporations and partnershipscan borrow money, but acorporation has more financing options.
Step-by-Step Explanation:
* Why Business Structure Affects Loan Approval:
* Banksassess riskbefore lending money.
* New businesses lack credit history, so banks requirepersonal guaranteesfromowners.
* Acorporation has more flexibilitysince it canissue shares or bondsto raise money.
* Key Considerations for Business Loans:
* Partnerships and Corporations can borrow, but banks maydemand a personal guarantee from the owners.
* Corporations can secure funding through investors, reducing reliance on loans.
* Ajoint venture is temporaryand not ideal for long-term financing.
* Why Option D Is Correct:
* Both corporations and partnerships can raise money, butbanks often require a personal guarantee.
* Corporations have additional financing options (e.g., issuing shares).
* Why Other Options Are Incorrect:
* A (Joint Venture)-Not designed for long-term borrowing.
* B (Corporation without personal guarantee)-Banks usually require a guarantee for new businesses.
* C (Partnership without personal guarantee)-Incorrect, as partners are personally liable for debts.
Reference:
Ontario Business Financing Guide - Loan Approval for Startups
OACETT Business & Financial Guidelines


NEW QUESTION # 104
What should a technology professional who becomes aware of a work-related unacceptable hazard to the public or the environment do?

  • A. Ensure that they would not be found responsible for the hazard.
  • B. Immediately disassociate themselves from the project.
  • C. Seek out and obtain liability insurance if they do not already have such insurance.
  • D. Notify the appropriate regulatory authorities, having first exhausted all reasonable attempts to remedy the situation through internal means.

Answer: D

Explanation:
Technology professionals have anethical and legal obligationtoreport workplace hazardsthat could endangerpublic safety or the environment.
Step-by-Step Explanation:
* Duty to Protect Public & Environmental Safety:
* Engineers and technologistsmust act in the public interest, even if it conflicts with employer directives.
* Example: ACET working on a pipeline project discovers an environmental contamination risk.
* First step- Raise concerns internally.
* If unresolved- Report to external regulators (e.g., Ministry of Environment).
* Why Option D Is Correct:
* Thebest course of actionis tofirst attempt to resolve the issue internally.
* If management ignores concerns,report to regulatory authorities(e.g., Ontario Ministry of Labour).
* Why Other Options Are Incorrect:
* A (Get liability insurance)- Protecting oneself financiallydoes not solve the safety issue.
* B (Avoid responsibility)-Ethical duty requires taking action, not avoiding blame.
* C (Disassociate from the project)-Quitting does not prevent harm; reporting does.
Reference:
OACETT Code of Ethics - Public Welfare Clause
Ontario Occupational Health and Safety Act - Whistleblower Protections


NEW QUESTION # 105
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