SOMETHING A LITTLE DIFFERENT - testing one, two, three

If you have been in practice for decades; if you just graduated from a health care program and are ready to get licensed; or you are just curious about what it takes to run an office -- check out the following which was an examination which I gave in 1997. AND for those of you who actually took the test - I apologize for any anxiety or panic attack that you might suffer.


CP 405 JURISPRUDENCE AND PRACTICE DEVELOPMENT

INSTRUCTOR: Allan M. Freedman
FINAL EXAMINATION
DATE: February 19, 1997


INSTRUCTIONS:

All questions must be answered.
All answers must be legible and may be in point form.
The value of questions appear to the left of the question.


1. List 4 ways in which a chiropractor may carry on practice.


4 marks


2. In the purchase of a chiropractic practice, list 4 examples of conditions which may be inserted in the Offer to Purchase.


4 marks


3. List two characteristics of a demand loan.


2 marks


4. List 5 things which should be covered in an associateship agreement.

5 marks


5. List one provision which would be inserted in an associateship agreement, but would not be inserted in a partnership agreement.

2 marks


6. List 8 factors relevant in considering the purchase of a chiropractic practice.


8 marks


7. In deciding a plan for the purposes of constructing a chiropractic office, list 5 factors to be considered.


5 marks


8. List 4 ways in which an accountant may assist a chiropractor.


4 marks


9. List 3 criteria necessary in order to be able to deduct business expenses.


3 marks


10. List 4 examples of capital expenses in a chiropractic practice.

4 marks


11. List 4 examples of operating expenses in a chiropractic practice.


4 marks


12. List 4 things which should be set out in a clinic policy statement of a chiropractic practice.


4 marks




13. List the 4 criteria which a chiropractor must establish in order to bill for OHIP services.


4 marks



14. List 5 types of insurance which a chiropractor should maintain for a chiropractic practice.


5 marks


15. What is a net net lease?

2 marks


16. What documentation should be provided to the bank prior to requesting a loan for a chiropractic office?

5 marks



17. What is the importance of setting out a partnership agreement in writing?

2 marks


18. What is the effect of a partnership agreement on 3rd parties dealing with the partnership?

2 marks


19. List 4 factors which are important in considering the leasing of space for a chiropractic practice?

4 marks


20. Under what circumstances may a contract be unenforceable?


2 marks


21. What is necessary to constitute a valid contract?


3 marks


22. What is the difference between fiscal year ends for a professional practice and the fiscal year ends for individuals?


2 marks