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Jurisdiction That Exists When a Case Can Be Heard Only

question 98

Multiple Choice

Jurisdiction that exists when a case can be heard only in a particular court is called ______jurisdiction.


Definitions:

Lump Sum

A single payment made at a particular time, as opposed to multiple payments made over time.

Insurance Settlement

The payment made by an insurance company to fulfill its obligation under an insurance policy.

Discount Rate

The interest rate charged to commercial banks and other depository institutions on loans received from the country's central bank's discount window.

Annuity

An investment vehicle offering a steady flow of payments to someone, often employed as a revenue stream for retired individuals.

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