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
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