Which of the Following Is Not Correct

question 14

Multiple Choice

Which of the following is not correct?
In litigation in a fast track or low value multi track case a party will often be ordered to make disclosure on the 'standard disclosure' basis. The obligations regarding disclosure mean that …

• A) the party making disclosure has a duty to make full disclosure.
• B) the legal representative for the client has a duty to ensure that the client makes full disclosure.
• C) there is an obligation on the part of both parties to agree a method of disclosure (and inspection).
• D) the obligations to give disclosure are ongoing throughout the case both before and after disclosure having been made.
• E) solicitors and counsel must withdraw from a case if the client refuses to give disclosure of documents that should be disclosed.

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Definitions:

Amortized

The process of paying off a debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date.

Compounded Semi-annually

A technique used to compute interest in which the interest is compounded semi-annually by being added to the principal sum two times within the year.

Compounded Quarterly

The process where interest on an investment is calculated and added to the principal every three months, contributing to the growth of the investment amount.

Compounded Monthly

Entails the regular addition of interest to the principal balance of a loan or deposit every month, affecting overall returns or costs.