Which of the Following Statements Is Not True of the Process

question 11

Multiple Choice

Which of the following statements is not true of the process of legal reasoning?

• A)An essential aspect of solving a legal problem is the establishment of the relevant facts.
• B)Parties to a legal dispute must agree on the material facts.
• C)In many court hearings it is the role of the trial judge to decide what facts have been proven by the evidence presented by the parties.
• D)In determining the facts the court applies complex rules of evidence.
• E)Often in trials once the facts have been established the application of the relevant law is relatively straightforward.

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Definitions:

Noncontrolling Interest

The portion of equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Net Income

A company's final profit after total revenue has had taxes, costs, and other expenses removed.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specified period, showing how the revenue is transformed into net income.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after the elimination of intercompany transactions and accounts.