Why Was the Civil Track Process Under the Competition Act

question 9

Multiple Choice

Why was the civil track process under the Competition Act introduced in 1999?

• A) to make it easier to secure criminal convictions when infringements have occurred
• B) to allow any Competition Bureau order considered appropriate regarding misleading advertising
• C) to facilitate the prompt issuance of Competition Bureau orders to stop misleading activities
• D) to prevent the imposition of criminal charges when minor infringements have occurred

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Definitions:

Accounts Payable

Liabilities representing money owed by a company to suppliers or creditors for goods and services received but not yet paid for.

Accounting Information System

An Accounting Information System is a structured framework used to collect, store, manage, process, retrieve, and report financial data.

Cost Effective

This term refers to an approach or solution that provides the best possible outcome or value for the money spent, often used in evaluating projects or investments.

Cash Receipts Journal

A special journal that records all cash received.