Juanita Recuses Herself from a Case That Involves a Company

question 54

Multiple Choice

Juanita recuses herself from a case that involves a company where her sister serves as a board member.This is an example of which disqualification requirement under Canon 3C(1) of the Code of Conduct for United States Judges of the ABA?

• A)Juanita has personal knowledge of the case's disputed facts.
• B)The law firm where Juanita used to work is handling the case.
• C)Juanita's is related to an attorney involved in the case.
• D)An immediate family member has a financial interest in a case's party.

Recognize the role of effective communication and change management in minimizing organizational politics.

Understand the concept of countervailing power and how it operates in organizational relationships.

Appreciate the importance of cultural differences in preferred influence tactics.

Distinguish between the various strategies for coping with uncertainty in organizations.

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Definitions:

Bond Value

This refers to the present value of a bond's future interest payments plus the face value of the bond when it matures, essentially the price at which a bond is traded.

Credit Default Swaps

Financial derivative contracts that transfer the credit exposure of fixed income products between parties, used as a form of insurance against default on loans or bonds.

Interest Rate Risk

Interest rate risk is the potential for investment losses due to fluctuations in interest rates, affecting the value of fixed-income securities inversely.

Protection Sellers

Protection sellers in a financial context typically engage in credit derivatives markets, selling credit protection to hedge against the risk of default on underlying credit assets.