If the Law Applied in the Court Opinion Is Different

question 16

Multiple Choice

If the law applied in the court opinion is different from the law that applies to the client's case, the opinion can be:

• A)persuasive precedent.
• B)mandatory precedent.
• C)mandatory precedent if the key facts are sufficiently similar.
• D)persuasive precedent only if the statutes are part of the same legislative act.
• E)all of the above

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Definitions:

Intangible Services

Services that cannot be physically touched or stored, such as education, consulting, or legal advice.

Inventory

The quantity of goods that a company has in stock, ready for sale or distribution.

Investment Component

A part of economic activity related to spending on goods and services not for immediate consumption but for future benefit.

Government Purchases Component

The part of gross domestic product (GDP) that includes spending by all levels of government on goods and services.