One of the Following Steps in the Flow of a Case

question 18

Multiple Choice

One of the following steps in the flow of a case is out of chronological order. Which is it? ​

• A) accident or event
• B) informal investigation
• C) motion for summary judgment
• D) file complaint
• E) file answer
• F) discovery
• G) trial
• H) appeal

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Definitions:

Assets

Resources owned by a business or individual that are expected to provide future economic benefits.

Liabilities

Liabilities are financial obligations or debts that an entity owes to external parties, expected to be settled over time through the transfer of economic benefits.

Owner's Equity

The residual interest in the assets of a business after all liabilities are subtracted, representing ownership's claim on assets.

Expenses

Expenses are the outflows or the utilization of assets or incurring of liabilities during a period in the course of generating revenue.