The trial judge’s decision regarding the potential sale of the business raises a question of mixed fact and law. It involves applying a legal standard to a set of facts. Matters of mixed fact and law lie along a spectrum. Where an error can be attributed to the application of an incorrect legal standard, a failure to consider a required element of a legal test, or similar error in principle, such an error can be characterized as an error of law, subject to a standard of correctness: Housen v. Nikolaisen, 2002 SCC 33 at para. 36.
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