MsLott Was Required by a Provision in the B

question 35

Multiple Choice

Ms.Lott was required by a provision in the B.C.school act to retire from her position as an elementary teacher at the age of 65.She did not want to retire.She commenced an action against the school board.Which of the following is false with regard to this situation?

• A) A provision of the Charter of Rights and Freedoms of the Constitution Act prohibits discrimination.
• B) The Constitution allows the legislature to discriminate if it can be demonstrated that the discrimination is justified in a free and democratic society.
• C) The legislature, if it is acting within its authority (i.e., within s. 92 of the Constitution Act), can pass a statute that discriminates if it states that the statute will operate notwithstanding the provisions of the Charter of Rights and Freedoms.
• D) The federal legislature is the proper body to decide if the provincial school act is lawful.
• E) The people of Canada, through their elected representatives, could change the Constitution Act, including the Charter of Rights and Freedoms.

Understand the implications of project risk on a firm's financial health and risk profile.

Recognize the value and types of real options in capital budgeting.

Understand how risk in cash flow estimation affects capital budgeting decisions.

Grasp the relevance of portfolio theory and other risk adjustment methods in capital budgeting.

---

Definitions:

Molecule

The smallest unit of a chemical compound that can exist, consisting of two or more atoms bonded together.

Condensed Structure

A representation of a molecular structure that omits certain atoms or groups, assuming the reader will infer their presence to simplify depictions of organic compounds.

Structural Formula

A graphical representation of a molecular structure, showing how atoms are arranged and bonded together within a molecule.

Acetone

A volatile, colorless solvent known for its ability to dissolve many plastics and synthetic fibers, characterized by its simplest ketone structure.