Companies get to deduct this spread as a compensation expense. Nonqualified options can be granted at a discount to the stock's market value. They also are transferable to children and to charities, provided your company permits it. Choosing the right moment to exercise is not as easy as it looks.
Criminal and civil law. There are two kinds of law in Canada. Criminal law deals with crime, like robbing a bank. A person may go to jail if he or she is convicted of committing a crime. The Crown prosecutor is a lawyer for the government.here are different levels and types of courts in Canada. Each court has a different âjurisdictionâ, which means that they can decide different types of cases. There are: 1  Provincial and territorial courts. 2  Superior courts.
Section 52 of the Constitution Act, 1982 provides that the Constitution of Canada is the supreme law of Canada, and any law inconsistent with it is of no force or effect.This gives Canadian courts the power to strike down legislation.ection 35 of the Constitution Act, 1982 recognizes and affirms the existing aboriginal and treaty rights in Canada. These aboriginal rights protect the activities, practice, or traditions that are integral to the distinct cultures of the aboriginal peoples.