Lamda Corp Is Based in Vancouver, but Sells Products Across

question 32

Multiple Choice

Lamda Corp is based in Vancouver, but sells products across Canada. Which of the following statements is TRUE with respect to Lamda Corp and the Charter?

• A) Although the people who work for Lamda Corp enjoy Charter protection, the company itself is not a person and therefore is not protected by the Charter.
• B) Although Lamda Corp enjoys freedom of expression, it does not enjoy freedom of religion.
• C) Although Lamda Corp enjoys freedom of religion, it does not enjoy freedom of expression.
• D) Although Lamda enjoys freedom of religion and freedom of expression, it is not a person and therefore it does not enjoy equality rights.
• E) Although Lamda Corp does not enjoy any Charter rights, it may be sued if it violates the Charter rights of one of its employees.

---

Definitions:

Quantitative Threshold

A predefined numeric limit used to measure the significance or materiality of data, often used to decide when an action is required.

Profit/Loss

Financial metrics indicating the net earnings or deficits incurred by an entity over a particular period, calculated as the difference between revenues and expenses.

Reportable Segment's Equity

The portion of equity attributable to business segments that must be disclosed separately in financial statements according to regulatory requirements.

Reconciliations

The process of ensuring that two sets of records (usually the balances of two accounts) are in agreement, typically used in accounting to check the accuracy of financial records.