Before a Trial Begins, the Attorneys Usually Meet with the Trial

question 99

Multiple Choice

Before a trial begins, the attorneys usually meet with the trial judge to explore the possibility of resolving the case and, if a settlement is not possible, to determine how the trial will be conducted. This meeting is called a(n)

• A) pretrial conference.
• B) initial meeting.
• C) arbitration conference.
• D) peremptory conference.

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Definitions:

Present Value

The present value of anticipated future cash flows or sums of money, calculated with a given rate of earnings.

Net Cash Flow

The difference between a company's cash inflows and outflows during a specific period, providing insight into its financial health and liquidity.

Internal Rate Of Return

The discount rate at which the net present value of all the cash flows from an investment equal zero.

Present Values

The current worth of a future sum of money or stream of cash flow given a specified rate of return.