When a Court Interprets a Statute Narrowly,the Result Will Most

question 59

Multiple Choice

When a court interprets a statute narrowly,the result will most likely be that

• A)the statute will be found to fall inside the power of the government that made it.
• B)the court will change the wording in the statute so that it makes sense.
• C)the statute will be found to be outside,or ultra vires,the government that made it.
• D)the statute will be struck down.
• E)the court will send the statute back to the government that made it for revision.

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Definitions:

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate sales revenue, calculated by dividing sales revenue by total assets.

Noncurrent Assets

Assets not expected to be converted into cash within one year or the operating cycle, including property, plant, and equipment.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its short-term assets.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership's claim.