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.
Quebec, however, still retains a civil system for issues of private law (as this domain falls within the exclusive jurisdiction of the provinces). Both legal systems are subject to the Constitution of Canada.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.