Which of the Following Constitutes a Correct Summary of the Role

question 12

Multiple Choice

Which of the following constitutes a correct summary of the role of the CJEU in Article 267 TFEU proceedings?

• A) The CJEU delivers a ruling resolving the case at hand on the facts and on the law, which can be described as an authoritative interpretation of the meaning of the treaty Article or EU legislation. It cannot be appealed against and will be binding on all Member States.
• B) The CJEU delivers a ruling on the abstract question of law, which can be described as an authoritative interpretation of the meaning of the treaty Article or EU legislation. It can be appealed against by the parties to the case and will be binding on all Member States.
• C) The CJEU delivers a ruling on the abstract question of law, which can be described as an authoritative interpretation of the meaning of the treaty Article or EU legislation. It cannot be appealed against and will be binding on all Member States.
• D) The CJEU delivers a ruling on the abstract question of law, which can be described as an authoritative interpretation of the meaning of the treaty Article or EU legislation. It cannot be appealed against and will be binding only on the Member State that has requested the ruling.

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Definitions:

Credits

Entries in the accounting system that represent an increase in liabilities or equity or a reduction in assets, commonly associated with income and receipts.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts or funds obtained from special financing sources.

Normal Balance

The side of the accounting equation on which increases to an account are recorded, typically debit for assets and expenses, and credit for liabilities, equity, and revenue.

T Account

A graphical representation of a general ledger account that depicts how any changes to that account are reflected on the debit and credit side.