What Are the Qualifications on a Government's Power to Make

question 37

Multiple Choice

What are the qualifications on a government's power to make laws?

• A)The laws must be in accordance with the principles of the Charter of Rights and Freedoms.
• B)The laws must be confirmed by the Supreme Court of Canada.
• C)The government must be entitled to pass the legislation under the division of powers section of the Constitution.
• D)Both A and B
• E)Both A and C

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Definitions:

Operating Cycle

The period of time it takes for a company to purchase inventory, sell products, and receive cash from sales.

Current Liabilities

Obligations or debts that a company must pay within one year or within the normal operating cycle.

Federal Depository Bank

A financial institution that is authorized to hold deposits for the Federal Reserve System and process related transactions.

Payroll Taxes

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff, including social security and Medicare taxes in the United States.