In 2004, the Average Cost of Raising a Daughter to Age

question 2

Multiple Choice

In 2004, the average cost of raising a daughter to age 18 in Canada was:

• A) $75 345
• B) $12 876
• C) $166 549
• D) $430 255

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Definitions:

Mediation

A conflict resolution technique involving a neutral third party who helps disputing parties reach a voluntary agreement.

Binding Ruling

A final and enforceable decision given by a legal authority, which all involved parties must adhere to.

Contract

A legally enforceable pact made between two or more entities, binding them in agreement.

Punitive Damages

Compensation awarded in a lawsuit that exceeds simple restitution and is intended to punish the defendant for wrongdoing and deter future similar acts.