Which One of the Following Statements Is Not Accurate with Respect

question 60

Multiple Choice

Which one of the following statements is not accurate with respect to the Canadian legal system?

• A) The three major components of present Canadian law are the common law, equity, and statutes.
• B) The traditional supremacy of parliament to make law has been limited to some extent by the Charter of Rights and Freedoms.
• C) The full normal route of a civil action is from a provincial trial court to a provincial Court of Appeal to the Supreme Court of Canada.
• D) The principle of stare decisis provides that courts within a province are bound to follow previous decisions on the same legal point from the courts of other provinces.
• E) The original Canadian Constitution is now known as the Constitution Act (1867).

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Definitions:

Fast-Food

Quick service restaurants serving food that is prepared and served rapidly.

Consumer Surplus

The benefit obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.

Optimal Consumption

refers to the situation in which a consumer allocates their income in a way that maximizes their overall satisfaction or utility, given their preferences and the prices of goods and services.

Demand Schedule

A demand schedule is a table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices.