Section 7 of the Charter States That Everyone Has the Right

question 176

Multiple Choice

Section 7 of the Charter states that everyone has the right to "life, liberty, and the security of person," and it requires that all decisions depriving a person of them must be made "in accordance with the principles of ________."

• A) fair hearing
• B) procedural fairness
• C) fundamental justice
• D) natural justice
• E) the Supreme Court

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Definitions:

Note Receivable

A written promise that a customer will pay a fixed amount of money with interest by a certain date.

Interest

The charge for borrowing money or the compensation for lending money, typically calculated as a percentage of the principal amount.

Note Receivable

A promissory note held by the lender, stating the money due to be paid back by the debtor.

Maturity

Maturity in finance refers to the date on which the principal or final payment of a loan, bond, or other financial instrument is due to be paid in full.