Close but No Cigar
Advice vs. Advise: the noun
What is advice? To advice (the verb) is to give advice.
Accept vs. except: the verb that means to receive
What is accept? Except means to exclude or to leave out.
Principal vs. principle: the head of a school.
What is principal? An easy way to remember this is that a pal is a person. Principle is a value or tenet.
Inequity vs iniquity: wickedness or sin.
What is iniquity? Inequity means unequal, unfair, or biased.
Censor vs. Censure: a reprimand or criticism.
What is censure? Censor means to remove harmful material. The problem is that determining what material is harmful is a subjective exercise.