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This States That an Oral or Written Admission Will Suffice

question 51

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This states that an oral or written admission will suffice under FRE 1007 (i.e., production of the original is unnecessary when the opponent admits to the contents of the writing, recording, or photograph) .


Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving the shareholder voting rights and a share in the company’s profits through dividends.

Dividends

Payments made by a corporation to its shareholder members, typically derived from the company's profits.

Basic Earnings

An indicator of a company's profitability, calculated before any deductions are made, representative of the raw financial performance.

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