If an Ordinance Is Vaguely Written, It Could Be Challenged

question 13

Multiple Choice

If an ordinance is vaguely written, it could be challenged under which constitutional basis?

• A) Substantive due process.
• B) The Public Use Doctrine.
• C) Procedural due process.
• D) Equal protection of the laws.

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Definitions:

Extraordinary Gain

A gain resulting from events or transactions that are both unusual in nature and infrequent in occurrence, separated from regular business operations.

Fair Market Value

The price at which an asset would sell in the market under conditions where buyers and sellers are acting freely, informed, and without undue pressure.

Book Value

The net value of a company's assets as listed on the balance sheet, calculated as total assets minus intangible assets (like goodwill) and liabilities.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.