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:

Eurodollars

Deposits held in U.S. dollars at banks outside the United States, used in international transactions and considered an important part of the global money market.

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An index that measures the performance of the largest companies listed on the Hong Kong Stock Exchange, representing various sectors of the economy.

DAX

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FTSE

An acronym for the Financial Times Stock Exchange, which refers to several major stock market indices, such as the FTSE 100, tracking the performance of the largest public companies by market capitalization in the UK.