Match Each Word with Its Definition

question 15

Multiple Choice

Match each word with its definition.
-Curia advisari vult (cur. adv. vult.) .

• A) The court did not reserve its judgment but gave its decision and reasons as soon as the parties had completed their submissions to the court.
• B) Meaning 'the court wishes to be advised'. This means that the court took time over reaching its decision by reserving judgment to a later date, rather than providing a decision immediately after the parties had completed their submissions.
• C) This is the equivalent of cur. adv. Vult. used in reporting decisions of the House of Lords/Supreme Court.

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Definitions:

Economic Resource

Assets or inputs that can be used in the production or offering of goods and services that have economic value.

Fiscal Year

A one-year period used for financial reporting and budgeting that may not align with the calendar year.

Internal Rates Of Return

The financial rate that ensures a project's cash flows have a net present value of exactly zero.