Which of the Following Is True of Unpublished Court Decisions

question 119

Multiple Choice

Which of the following is true of unpublished court decisions?

• A) They are binding precedents.
• B) They may be persuasive to the court.
• C) They may give some indication of how a court is likely to rule in the future.
• D) They may be persuasive to the court and they may give some indication of how a court is likely to rule in the future.
• E) They are binding precedents, they may be persuasive to the court, and they may give some indication of how a court is likely to rule in the future.

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Definitions:

Petty Cash Fund

A small amount of cash kept on hand within a business for minor, day-to-day expenses.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Highly Liquid Investments

Investments that can be quickly converted into cash without a significant loss in value.

Specific Amount

A precise quantity or financial figure identified within a transaction or financial statement, not generalized or estimated.