When Reviewing Technical Documents, It Is Best to

question 35

Multiple Choice

When reviewing technical documents, it is best to

• A) disregard them because the jury will not understand them.
• B) create a glossary of technical terms raised in a particular case.
• C) assume all abbreviations are standardized in any particular field.
• D) rely on your common sense to translate them.

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Definitions:

Annual Payment

A payment made once a year for services, subscriptions, or obligations - often used in the context of loans, leases, and insurance premiums.

Tax Deductible

Expenses or payments that can be subtracted from gross income to reduce the amount of income subject to tax.

Bonds

Long-term securities issued by corporations, municipalities, or governments to raise funds, paying interest to holders.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified time period.