Which of the Following Examples Demonstrates a Qualified Majority Requirement

question 37

Multiple Choice

Which of the following examples demonstrates a qualified majority requirement accomplishing its purpose?

• A) Amendments to the Charter of Rights and Freedoms requires the support of two-thirds of the provinces.
• B) Election to office requires the support of three-fourths of the population.
• C) The appointment of public officials requires the support of three-fourths of cabinet ministers.
• D) Passing any legislation requires the support of two-thirds of MPs in the House of Commons.

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Definitions:

Residual Equity

The amount of equity remaining for shareholders after all liabilities have been deducted from total assets.

Owner's Equity

The assets left over in a business once liabilities are cleared, showing the equity of owners or shareholders.

Spoils

Goods that are damaged or unusable during the production process and cannot be sold to customers.

Monetary Unit Assumption

A financial accounting concept that believes transactions and events can be quantified in terms of money.