Complete the Following (Select All That Apply): the Case of Wood

question 4

Multiple Choice

Complete the following (select all that apply) : the case of Wood v Smith (see 7.11 and 8.3.1) demonstrates that…

• A) legal certainty is hard to achieve when drafting statutes.
• B) judges will disagree about the correct interpretation of a statute.
• C) judges are bound to agree about the correct interpretation of a statute.
• D) even straightforward and seemingly clear statutory provisions can be uncertain when a complicated or unforeseen fact scenario arises.
• E) in law, words always have one specific legal meaning.

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Definitions:

Ledger

A book or digital record used to track all financial transactions and balances for a company's accounts.

Accounting Tool

Software or systems utilized by accountants or businesses to record, analyze, and report financial information.

Assets

Resources controlled by a business as a result of past events and from which future economic benefits are expected to flow to the business.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time.