Which Court Does Not Require the Judge to Be a Lawyer

question 20

Multiple Choice

Which court does not require the judge to be a lawyer or to have any other specific qualifications to begin judicial practice?

• A) County court-at-law
• B) District court
• C) Justice of the peace court
• D) Court of criminal appeals
• E) Probate court

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Definitions:

Erosion Costs

Costs that occur when a new project or investment negatively impacts the revenue or profits of existing projects or investments.

Financing Costs

Expenses incurred by a company or individual in the process of raising capital through debt or equity.

Erosion

In finance, it refers to the gradual decline of an asset's value, or the negative impact one investment can have on the value of an existing investment.

Incremental Cash Flows

The additional cash flow a company generates from undertaking a new project, considering only the revenues and costs directly caused by the project.