When All of the Judges Who Are Deciding a Case

question 178

Multiple Choice

When all of the judges who are deciding a case agree on the decision and the legal reasoning, the opinion is called:

• A)A unanimous opinion
• B)A majority opinion
• C)A concurring opinion
• D)A dissenting opinion

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Definitions:

Simple Interest

Interest calculated only on the principal amount of a loan or deposit, without compounding.

Note Payable

A formal written agreement to pay a specified amount of money, including interest, by a certain date, recorded as a liability on the balance sheet.

Original Principal

The initial amount of debt or loan before any interest or fees are added; it is the base amount on which interest calculations are made.

Accrued Interest

Interest earned or owed that has not yet been paid or received.