If a Defendant Fails to Respond to the Plaintiff's Complaint

question 181

Multiple Choice

If a defendant fails to respond to the plaintiff's complaint within the specified time period

• A) order.
• B) ruling.
• C) decision.
• D) default judgment.

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Definitions:

Bank Loan

A sum of money lent by a bank to a borrower at a specified interest rate to be repaid with interest.

Partnership Debts

Obligations for which all partners are jointly responsible in a partnership setup, meaning each partner can be held accountable for the entire amount of the debt.

Initial Capital

The amount of money or assets used to start a business or investment.

Continuation Agreement

A legal contract that extends the period of a previous agreement, ensuring the ongoing provision of services or terms.