Which Resource Generates the Largest Share of the Income in Canada

question 95

Multiple Choice

Which resource generates the largest share of the income in Canada?  

• A) labour 
• B) land 
• C) capital 
• D) entrepreneurial ability

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Definitions:

Parol Evidence Rule

A legal principle that prohibits the introduction of oral or extrinsic evidence to alter or contradict the terms of a written contract.

Specific Provisions

Special clauses in a contract or law that are designed to cover particular details and scenarios, differing from general provisions.

Oral Contract

A verbal agreement between parties that is legally binding, provided it meets all requirements of a valid contract.

Reasonable Reliance

Reasonable reliance involves acting based on the expectation that the information or promises provided by another party are accurate and trustworthy.