A Distinguishing Feature of American Courts That Is Rare in Other

question 24

Multiple Choice

A distinguishing feature of American courts that is rare in other liberal democracies is the

• A) presumption of defendants' innocence.
• B) possibility of judicial review.
• C) determination of verdicts by judges alone.
• D) presidential control of the courts.
• E) government attorneys as prosecutors and defenders.

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Definitions:

Forward Contract

A personalized deal between two parties to exchange an asset at a set price on an agreed future date.

Settlement Date

The date on which a trade or transaction must be finalized, with the buyer delivering payment and the seller delivering the asset.

European Put

A type of option contract that gives the holder the right, but not the obligation, to sell a specified asset at a predetermined price before or at the option's expiration date, but only exercisable in Europe.

Specified Price

A definite price point set in a contract or agreement, often referring to the predetermined price in financial transactions.