Which Is Correct? Service of the Particulars of Claim …

question 12

Multiple Choice

Which is correct?
Service of the particulars of claim …

• A) will be effected by the court by 1^st class post.
• B) may be served by the court by 1^st class post only if it accompanies the claim form.
• C) may not be served by the court.
• D) will be served by the court unless the claimant requests the court not do so.

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Definitions:

Acquisition Method

A set of procedures used in accounting to consolidate the financial statements of a parent company and its subsidiaries.

Consolidated Revenues

The total earnings generated by a company and its subsidiaries, reported together as a single figure.

Partial Equity Method

The partial equity method is an accounting approach used when an investing company has significant influence, but not full control, over an investee, recognizing income to the extent dividends are received.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets.