Which of the following statements is true about a minitrial?
A. A minitrial involves a six-member mock jury empaneled by the court that hears a shortened presentation of the case by the lawyers for each side and renders an advisory verdict.
B. A minitrial differs from mediation in that the third-party to whom the dispute is submitted decides the outcome.
C. A minitrial often involves a neutral third-party advisor who will render a nonbinding opinion, if a settlement is not reached, regarding how a dispute is likely to be resolved if it goes to trial.
D. A minitrial is conducted under court guidance.
Answer: C
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A number of multilateral trade agreements have accelerated the pace of global integration which include:
A) NAFTA. B) GATT. C) WTO. D) EU. E) all of the above
Selected information from the accounting records of Carbine Manufacturing follows: Net sales ............................................. $2,900,000 Cost of goods sold .................................... 1,900,000 Inventories at January 1 ............................. 572,000 Inventories at December 31 ............................ 476,000 What is the number of days' sales in average inventories
for the year? a. 132 b. 109 c. 101 d. 66
The present value of $5,000 to be received in 4 years at a market rate of interest of 6% compounded annually is $3,636.30
Indicate whether the statement is true or false
A foreign corporation is one that:
A) Is incorporated in another country. B) Is incorporated in another state. C) Is incorporated in this state, but does business in other states. D) Is incorporated in this state, but does business in other nations.