If an Appellate Court Holds a Lower Courts Decision Void

question 32

Multiple Choice

If an appellate court holds a lower courts decision void it is called:

• A) a reversal
• B) a remand
• C) an affirmation
• D) nolle pros

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Definitions:

Equity Principle

A concept in finance that emphasizes fair distribution of wealth and assets, ensuring that financial transactions are conducted fairly and equitably.

Taxes

Mandatory financial charges or levies imposed by a government on individuals or businesses to fund public expenditure.

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to taxation, meaning all taxpayers pay the same percentage of their income.

Regressive Tax

A tax applied uniformly, taking a larger percentage of income from low-income earners compared to high-income earners.