Describe the evidence or testimony that is considered in the highest court in a state court system.
What will be an ideal response?
No new evidence or testimony is heard by the highest court in a state court system. Rather, the parties usually submit pertinent parts of or the entire lower court record for review. The parties also submit legal briefs to the court and are usually granted a brief oral hearing.
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On November 2, 2014, Quaint General Store concluded that a customer's $400 account receivable was uncollectible and that the account should be written off. What effect will this writeoff have on Quaint's 2014 net income and balance sheet totals assuming the allowance method is used to account for bad debts?
a. Decrease in net income; decrease in total assets b. Increase in net income; no effect on total assets c. No effect on net income; decrease in total assets d. No effect on net income; no effect on total assets
The following are ways of coping with culture shock EXCEPT
A. Keep a journal. B. Create a stability zone. C. Keep expectations high. D. Engage in regular exercise. E. Practice meditation.
If the proper procedure for incorporation has been followed, the corporation has a legal right to exist and is called a(n): ______
A) corporation by estoppel B) de jure corporation. C) de facto corporation. D) ultra vires corporation.
The ________ input resources required to produce a given volume of output are, the ________ efficiency of the operating system will be.
A. more complex; greater B. less complex; lower C. more expensive; higher D. fewer; higher E. fewer; lower