The Grounds of an Application for Judicial Review Can Be

question 17

Multiple Choice

The grounds of an application for judicial review can be considered under two heads. What are they?

• A) Procedural ultra vires
• B) Statutory ultra vires
• C) Substantive ultra vires
• D) Minimal ultra vires
• E) Mandatory ultra vires

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Definitions:

Price Skimming

A pricing strategy involving setting high prices at the launch of a new product to maximize profits from customers willing to pay more, before reducing the price over time.

Consumer Credit

Credit extended by retailers to the ultimate customers for the purchase of products or services.

Business Credit

A measure of a company's ability to obtain goods, services, or funds based on the promise to pay in the future.

Trade Credit

The purchase of goods from suppliers that do not demand payment immediately.