Which of the Following Is a Difference Between a Private

question 29

Multiple Choice

Which of the following is a difference between a private trial and litigation?

• A)The disputants select the neutral party in a private trial, but a judge is assigned to the lawsuit.
• B)Private trials need to be held with a jury, but the parties can waive their right to a jury in litigations.
• C)A judge has to state the conclusions of law, whereas a referee in a private trial need not.
• D)The disputants decide whether to be bound by the referee's verdict in a private trial, but not in a lawsuit.

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Definitions:

Flexible Budget

A budget designed to change in response to variations in volume or activity levels.

Food

A substance consumed by living organisms to provide nutritional support, primarily obtained through plants, animals, or fermentation.

Supplies

Items used in the operation of a business or manufacturing process, which are not directly associated with the products being made.

Net Operating Income

The financial metric that calculates a company's profitability from its normal business operations, deducting operating expenses from the revenue.