Which of the following statements best explains why legal arguments often contain significant ambiguity?
A) Legal arguments are expressed in words, and words rarely have the clarity one presumes.
B) Lawyers purposely distort the facts of each case in order to assist their clients in appearing favorable before a jury.
C) Ambiguity is an important goal of critical thinking.
D) Judges choose ambiguous statutes and precedents in order to reach proper and flexible rules of law.
A
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A. expense ratio. B. objective function. C. inflation gap. D. output gap.
An objective of financial reporting is to reflect economic information concerning a company's cash flows
a. True b. False Indicate whether the statement is true or false
The benefits of an insurance company holding more capital include:
a. lower premiums b. better investment returns c. reduced risk of insolvency d. lower taxes for the insurer
According to the text, the types of information an IC needs to have reported by subsidiaries include all of the following except:
A. technological. B. market opportunities. C. cultural. D. political and economic events. E. financial.