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Who Is Considered Competent to Be a Lay or Expert

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Essay

Who is considered competent to be a lay or expert witness? If you are interviewing a potential witness during the course of an investigation, why is it important to determine whether a witness will be credible? What questions might you ask?


Definitions:

Retirement Income

The total amount of money received from various sources during retirement, including pensions, savings, investments, and social security benefits.

Retirement Funds

Financial assets set aside to support individuals financially when they cease working, typically in the form of pensions or savings plans.

Compounded Monthly

Interest computation method where interest gains are calculated on a monthly basis, with each month's interest added to the principal for future calculations.

Prize

A reward given for victory or superiority in a contest or competition.

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