What Does Section 52(1) of the Constitution Act, 1982 State

question 66

Multiple Choice

What does section 52(1) of the Constitution Act, 1982 state?

• A) That the Constitution is the supreme law of the land
• B) That elections must be held at least every five years
• C) That provincial law is above the constitution
• D) That the prime minister is the head of state
• E) That the Constitution is based in British Common Law

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Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost liquidity.

Dividend Reinvestment Plan

A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.

Automatic Dividend Reinvestment Plans

These plans allow shareholders to automatically reinvest their cash dividends into additional shares or fractional shares of the underlying stock on the dividend payment date.

Preferred Dividend Policy

A company's strategy or practice regarding the payment of dividends to holders of its preferred stock, often detailing the timing and amount of payouts.