What Are Two Types of Jurisdiction Courts Can Have

question 18

Multiple Choice

What are two types of jurisdiction courts can have?

• A)original and appellate
• B)trial and appeals
• C)constructionist and restrained
• D)active and restrained

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Definitions:

Equipment

Long-term assets that are used in the production of goods and services; these are tangible in nature.

Accounts Receivable

Obligations of customers to pay a company for goods or services that have been dispensed but remain unpaid.

Journalize

The process of recording transactions in a company's journal, marking the first step in the accounting cycle.

Transactions

Economic events that involve transferring resources between entities, affecting financial statements.