Which Is NOT TRUE About a Pretrial Conference

question 66

Multiple Choice

Which is NOT TRUE about a pretrial conference?

• A) It is a meeting between the attorneys and their clients to discuss issues and fees.
• B) It is held to encourage settlement of a dispute without a trial.
• C) It involves the judge and the attorneys representing the parties to a dispute.
• D) The purpose is to simplify the issues in dispute.

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Definitions:

Stated Value

An assigned value to no-par value stock by the company for accounting purposes, often used to meet state regulations.

Common Stock

A type of equity security that represents ownership in a corporation, entitling holders to a share of the company's profits and voting rights.

Par Value

The face value of a bond or stock as stated by the issuer.

Paid-in Capital

Paid-in capital represents the funds raised by a company through the sale of stock to shareholders, above the par value of the shares.