Associated with the Condition of __________ Is the Lowest Possibility

question 32

Multiple Choice

Associated with the condition of __________ is the lowest possibility of failure.

• A) ambiguity
• B) uncertainty
• C) certainty
• D) risk
• E) all of these

---

Definitions:

Doctrine of Ultra Vires

A legal principle stating that acts done beyond the scope of power of a corporation or governmental entity are invalid or void.

Corporate Law

The body of laws, regulations, and practices that govern the formation and operation of corporations.

Dividend Tax Credit

A tax credit that investors can claim in many jurisdictions for taxes already paid by a corporation on the dividends it distributes to shareholders.

Tax Legislation

Laws and regulations governing the imposition, administration, and enforcement of taxes by the government.