In Preparing a Diagram or Chart for Use in Court

question 135

Multiple Choice

In preparing a diagram or chart for use in court, it is important to remember that

• A) horizontal wording big enough to see from a distance is best.
• B) a paralegal without artistic ability should not attempt such a task.
• C) the more complex the diagram, the more help it is.
• D) vertical wording breaks the monotony of a diagram and should be used often.

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Definitions:

Exchange Loss

A loss resulting from holding foreign currencies that depreciate against the home currency.

Forward Contract

An agreement to purchase or sell an asset at a predetermined future date and price, often used as a hedging instrument against price fluctuations.

Recognition

The process in accounting where certain transactions are recorded in the financial statements of a reporting period.

Discount

A reduction applied to the nominal price or face value of something for promotional purposes, or to reflect current market values.