Examlex

Solved

You Borrow Money to Buy a House in 2006 at a Fixed

question 71

Multiple Choice

You borrow money to buy a house in 2006 at a fixed interest rate of 6.5%. By 2009, the inflation rate has risen to 8.5%. Considering only your mortgage, is inflation good news or bad news for you?


Definitions:

Voir Dire

A jury selection process in which lawyers or the judge question prospective jurors to determine their suitability for serving on a jury in a particular case.

Peremptory Challenge

A voir dire challenge to exclude a potential juror from serving on the jury without any supporting reason or cause. Peremptory challenges based on racial or gender criteria are illegal.

Challenge For Cause

A voir dire challenge to exclude a potential juror from serving on the jury for a reason specified by an attorney in the case.

Direct Examination

The examination of a witness by the attorney who calls the witness to the stand to testify on behalf of the attorney's client.

Related Questions