Question 40 (2 points) ~ Saved Statute law (or legislation) is enacted by Parliament through several stages. (True or False?) As Queen Elizabeth II's role (and the Governor General) is largely ceremonial, royal assent is no longer necessary for a law to become effective. True False Question 41 (2 points) Binding arbitration is one alternative to litigation for settling a dispute. (True or False?) Binding arbitration is always less expensive than litigation, and therefore, is preferrable in settling all commercial disputes. True False Question 42 (2 points) Administrative tribunals establish a legal framework by which both federal and provincial governments can regulate their corporate citizens. (True or False?)