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The Notwithstanding Clause Allows Governments to Breach Certain Charter Rights

question 15

True/False

The notwithstanding clause allows governments to breach certain Charter rights provided they do so publicly and for renewable five-year periods.


Definitions:

Bond Discount

The difference between the face value of a bond and its selling price, when the bond is sold for less than its face value.

Market Rate

The Market Rate is the current price or rate at which a good or service can be bought or sold in a competitive marketplace.

Issue Price

It refers to the price at which a new security, such as a bond or stock, is offered to the public for sale.

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