Which Statement Best Describes Three?judge District Courts

question 39

Multiple Choice

Which statement best describes three?judge district courts:

• A)they have rarely dealt with important cases
• B)they were often used in the 1930s and 1940s
• C)congress has recently limited their usage
• D)congress has recently expanded their usage

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Definitions:

Adequate Consideration

Something of value exchanged between parties in a contract, which is fairly sufficient and corresponds to the terms and obligations agreed upon.

Arbitration Clause

A contract provision requiring disputes to be resolved by arbitration rather than in court.

Disguised Gift

A transaction or transfer of property where the true intent is to give the item rather than sell it at its full value.

Nominal Consideration

A token amount in a contract to validate it, which may not necessarily reflect the true value of the contract's subject matter.