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.
In other words, there is no distinction in Canada between federal and provincial common law, and the Supreme Court can and does dictate common law directly to the provinces on all matters traditionally encompassed by common law (to the extent not superseded by legislation).anada Evidence Act is an Act of the Parliament of Canada, first passed in 1893, that regulates the rules of evidence in court proceedings under federal law. Each province also has its own evidence statute, governing the law of evidence in civil proceedings in the province.