In British Columbia the Amount of a Monetary Claim Made

question 24

Multiple Choice

In British Columbia the amount of a monetary claim made in Small Claims Court cannot exceed?

• A) $15,000
• B) $50,000
• C) $25,000
• D) $5000

---

Definitions:

Federal Income Tax

An annual charge imposed by the US federal government on the income of individuals, businesses, trusts, and various legal organizations.

Wage Base Limits

The maximum amount of earnings on which an employee must pay certain taxes, such as Social Security.

FICA-OASDI

The Old Age, Survivors, and Disability Insurance part of the Federal Insurance Contributions Act tax, funding Social Security benefits.

FUTA

Stands for Federal Unemployment Tax Act, a United States federal law that imposes a payroll tax on employers to fund state workforce agencies.