Which of the Following Statements Is Correct with Respect to the Sources

question 63

Multiple Choice

Which of the following statements is correct with respect to the sources of our law?

• A) The term stare decisis refers to the practice of following precedent, which forms the basis of our common-law system.
• B) The common law derived aspects of the law of families and estates from the French Civil Code.
• C) Equity is a system of law developed by the provincial legislatures.
• D) The only province in which a judge is required to follow a comprehensive civil code is Ontario.
• E) The Courts of Chancery developed the law of contracts.

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Definitions:

Incentive Pay

A form of compensation designed to reward employees for achieving specific goals or exceptional performance.

Performance-Based Systems

Systems that appraise and reward employees based on their performance outcomes or achievements, rather than time spent or seniority.

Monetary Rewards

Financial incentives offered to employees as recognition for their work performance, achievements, or to motivate specific behaviors.

Stock Options

A benefit often granted to employees, giving them the right to buy the company's stock at a fixed price within a specific period.