With Respect to Environmental Law,the Most Important Federal Legislation Is

question 47

Multiple Choice

With respect to environmental law,the most important federal legislation is contained in the Canadian Environmental Protection Act (CEPA) .Any contravention of the CEPA or its regulations

• A)may be a criminal offence.
• B)carries a maximum fine of one million dollars.
• C)may include three years' imprisonment as well.
• D)may include clean-up costs.
• E)all of the above

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Definitions:

Present Discounted Value

The present value of a future amount of money or sequence of cash inflows, calculated using a designated rate of return.

Formula

A mathematical relationship or rule expressed in symbols.

Present Value

The present worth of a sum of money or series of cash flows expected in the future, calculated using a particular rate of return.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.