A_______ Is a Decision Made by a Judge in a Case

question 97

Multiple Choice

A_______ is a decision made by a judge in a case that has come before the court and which then becomes part of the law on the subject.

• A) legal precedent
• B) legal decision
• C) judicial decision
• D) None of these choices is correct.

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Definitions:

Dollar Amount

The value of a transaction, asset, liability, or equity in terms of currency units.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings, representing a portion of the corporate profits paid out to investors.

Professional Management

The practice of applying specialized knowledge and skills in the administration and management of organizations.

Corporate Form

Corporate form pertains to the organization of a business as a legal entity that is separate from its owners, providing advantages such as limited liability and potential tax benefits.