Walker Argues That the American CJS Is So Complex, Because

question 22

Multiple Choice

Walker argues that the American CJS is so complex, because

• A) it is based on English common law, but we have added our own statutory laws piecemeal over time to fill in the gaps
• B) of our capitalist economy and democratic political system
• C) it is made up of one federal and 50 state systems with their own substantive and procedural rules
• D) all of the above
• E) none of the above

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Definitions:

Material

Important. In securities law, a fact is material if a reasonable person would consider it important in his decision to purchase shares or to vote shares.

Rescind

To withdraw, negate, or overturn a law, order, or agreement.

Asserted

Stated with confidence or declared strongly, typically without providing evidence or proof.

Concealment

The act of hiding or withholding information or facts intentionally.