Which of the Following Is NOT True Regarding Courts and Their

question 17

Multiple Choice

Which of the following is NOT true regarding courts and their policy-making role in state government?

• A)If you ask a judge-even a state Supreme Court justice-if the court makes policy,he or she will likely deny it vehemently.
• B)The judicial branch has a lot of policy-making legitimacy in popular American culture because their decisions are backed by precedent and law.
• C)To admit to making policy,a judge would be violating professional norms.
• D)Even if a judge wanted to make policy,their agendas would be affected to a much greater degree by events and outsiders than the policy agendas of legislatures or governors.

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Definitions:

Contingent Consideration

An obligation of an acquiring entity to transfer additional assets or equity interests if future events occur or conditions are met, following an acquisition.

Goodwill Impairment

A reduction in the book value of goodwill, which occurs when the carrying amount of goodwill exceeds its fair value, indicating that the asset is not as valuable as previously thought.

Reporting Units

Segments or components of a business for which discrete financial information is available and reviewed by the operating segment's management.

Equity Method

An accounting technique used by a company to record its investment in another company, where the investment's value is adjusted in accordance with the investee's performance.