Janet Is Called for Jury Duty and Is Selected for Possible

question 29

Multiple Choice

Janet is called for jury duty and is selected for possible service on a jury.However, when the defendant's attorney sees her, he notices that she is wearing a green dress.Both the defendant and the defendant's attorney hate green dresses.If the defendant's attorney strikes her name from the jury because of the dress color:

• A)this is a valid challenge for cause.
• B)this is a valid peremptory challenge.
• C)this is not a valid challenge.
• D)the plaintiff's attorney can have Janet serve by making an offer of proof to the judge.

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Definitions:

Ex-Dividend Date

The cutoff date after which new buyers of a stock will not be entitled to receive the next declared dividend.

Shareholders

Individuals or entities that legally own one or more shares of stock in a joint-stock company.

Cash Dividend

A payment made by a company out of its earnings to its shareholders, usually in the form of cash.

Information Content Effect

Refers to how a company's stock price reacts to the announcement of financial information, indicating the market's response based on the news' perceived value.