Once a Case Is Assigned to a Judge, the Next

question 61

Multiple Choice

Once a case is assigned to a judge, the next step in a civil suit is _________, when each side gets access to information relevant to its suit held by the other side.

• A) deposition
• B) discovery
• C) plea bargain
• D) reapportionment
• E) trial

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Definitions:

Externality

A cost or benefit that affects a party who did not choose to incur that cost or benefit, often seen in environmental and public goods scenarios.

After-tax Proceeds

The net amount received after taxes are deducted from the gross proceeds of a sale or transaction.

Tax Shield

A deduction allowed by the tax laws that lowers a person's or corporation's taxable income and thus their tax liability.

Incremental Cash Flow

Those cash flows that arise solely from the asset that is being evaluated.