Refer to Fact Pattern 20-1

question 39

Multiple Choice

Refer to Fact Pattern 20-1. Any damages recovered by Ray's suit will go to

• A)Ray.
• B)SBC.
• C)SBC's directors.
• D)the state in which SBC is incorporated.

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Definitions:

Summary Judgment

A legal determination made by a court without a full trial, based on the facts not being in dispute.

Trial

is a formal judicial proceeding where evidence is presented to determine the guilt or innocence of the accused or to settle a dispute between parties.

Judge

A public official appointed to decide cases in a court of law.

Binding Determination

A final and legally enforceable decision or ruling, often made by an arbitrator or a regulatory agency.