According to the 'Class Rule' of Statutory Interpretation

question 70

Multiple Choice

According to the 'class rule' of statutory interpretation:

• A)the meaning of a word or phrase is to be derived from its context.
• B)where two or more specific words are followed by general words the general words are interpreted to accord with the class created by the specific words.
• C)where two offences are followed by two penalties the first penalty applies to the first offence and the second penalty applies to the second offence.
• D)if the legal text expressly states that it is to apply to certain specific things, then things not expressly included are by implication excluded.

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Definitions:

Remote

Referring to work, operations, or processes conducted away from a central office or location, often facilitated by digital communication technology.

Contingent Liability

A potential financial obligation that may arise in the future, dependent on the outcome of a specific event.

Reasonably Estimable

A term used in accounting to describe a cost or liability that can be accurately predicted or projected.

Contingent Liability

A potential financial obligation depending on the outcome of future events, not yet confirmed as a liability.