Which of the Following Is a Valid Criticism of the Federal

question 19

Multiple Choice

Which of the following is a valid criticism of the federal government's delegation of the regulation of payday lending costs to the provinces?

• A) The provinces have been slow to establish a regulatory framework.
• B) The permitted rate of fees,charges,and commissions are often too low.
• C) The permitted costs of borrowing are inconsistent among the provinces.
• D) The actual cost of these loans will continue to exceed 1000 percent.

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Definitions:

Rule Of Law

A principle that governs a society where laws are publicly promulgated, equally enforced, and independently adjudicated, and are consistent with international human rights principles.

Effective

Capable of producing intended or desired results, often used to describe techniques, policies, or actions that achieve their objectives efficiently.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or virtual territory, subject to the same political authority and dominant cultural expectations.

Reciprocity

The obligation to return in kind what another has done for us.