Which of the Following Is True in Relation to the Supreme

question 3

Multiple Choice

Which of the following is true in relation to the Supreme Court of Canada?

• A)The Supreme Court of Canada has one judge from each province and territory.
• B)The Supreme Court of Canada selects the cases it hears based on what it thinks is most important for the country.
• C)Private citizens have the right to take cases to the Supreme Court of Canada as a final appeal.
• D)The judges on the Supreme Court of Canada are appointed by Parliament.
• E)The Supreme Court of Canada hears appeals from federal courts,but not from provincial courts of appeal.

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Definitions:

Payments

Transactions where a good or service is exchanged for monetary compensation.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Future Cash Flows

The anticipated receivable or payable cash amounts of a company, used for investment analysis and financial planning.

Investor

An individual or institution that allocates capital with the expectation of receiving financial returns.