When Produced Information Is Found to Contain Privileged Material, the Federal

question 32

Multiple Choice

When produced information is found to contain privileged material, the federal rules

• A) allow the receiving party to use the information.
• B) allow the receiving party to inform the client but no one else.
• C) require the producing party to notify the other party thirty days prior to trial.
• D) require the producing party to notify the other party promptly.

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Definitions:

Coupon Bonds

Debt securities that pay the holder a fixed interest rate (coupon rate) over the life of the bond, culminating in the principal amount at maturity.

Pay Interest

The act of making periodic payments to lenders as compensation for borrowing money.

Coupon Rate

The yearly rate of interest distributed on a bond, represented as a percentage of its principal value, from the moment it is issued until it reaches its maturity date.

Par Value

The stated value of a financial instrument such as a bond or stock, as declared by the issuer.