Which of the Following Is Correct with Respect to Our

question 100

Multiple Choice

Which of the following is correct with respect to our courts?

• A) All courts are the same, province to province.
• B) All criminal matters are dealt with in the Federal Court and Federal Court of Appeal.
• C) All judges are appointed by the provincial cabinet.
• D) All judges are appointed by the federal government.
• E) The appointment of a Court of Appeal judge is a matter for the federal government.

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Definitions:

Face Value

The face value or amount in dollars indicated on a financial security, such as a bond or note, which is the total that will be paid out when it matures.

Yield to Maturity

The expected overall yield of a bond, assuming it is retained until its maturity date, comprising of both interest earnings and profits from capital appreciation.

Coupon Rate

Yearly interest percentage on a bond, calculated against its nominal value.

At Par

Refers to a financial instrument (e.g., bond or stock) being traded at its face value.