RBQ glossary: letter W

Warranty against poor workmanship (garantie contre les malfaçons)

The duty of the contractor, the professionals who directed or supervised the work and the subcontractor to warrant the work for one year against poor workmanship existing at acceptance or discovered within one year after acceptance (art. 2120 of the Civil Code). They are bound jointly, not solidarily. This warranty complements the five-year liability for loss of the work, which covers more serious defects.

See also: Liability for loss of the work (perte de l’ouvrage), Acceptance of the work (réception des travaux), Contract of enterprise (contrat d’entreprise)

Administration examSource: LégisQuébec, C.C.Q., art. 2120

Weighted net income (revenu net retenu)

The basis of the income replacement indemnity for a worker with an employment injury: the indemnity equals 90% of the weighted net income (s. 45 of A-3.001; defined in s. 63). The official French term is revenu net retenu.

Safety management examSource: LégisQuébec, A-3.001

Worker’s obligations (obligations du travailleur)

Section 49 of the LSST also places duties on the worker: become familiar with the prevention program that applies, take the necessary measures to protect himself or herself, and avoid endangering other people at or near the workplace. The worker must also undergo the required medical examinations, take part in identifying and eliminating risks, and cooperate with the job-site committee, where there is one.

See also: Employer’s obligations (obligations de l’employeur), Right to refuse (droit de refus), Site prevention program

Safety management examSource: LégisQuébec, S-2.1, art. 49

Working capital (fonds de roulement)

Current assets minus current liabilities. It measures the business’s ability to pay its debts for the year and to finance work in progress. Expressed as a ratio (current assets divided by current liabilities), it becomes the working capital ratio, also called the current ratio. The exam profile lists it among solvency indicators.

See also: Debt ratio (ratio d’endettement), Accounts receivable (comptes clients), Accounts payable (comptes fournisseurs), Balance sheet (bilan)

Administration examSource: RBQ, Administration competency profile, element 7 (French)

Definitions written by RBQexam from the statutes and the RBQ’s pages, without reproducing their text. If in doubt, the official source prevails.