Which of the Following Best Describes How Cases Reach the U.S

question 57

Multiple Choice

Which of the following best describes how cases reach the U.S. Supreme Court on appeal?

• A) All appeals are forwarded from the federal system's lower appellate courts.
• B) Nearly all cases are appealed from the state courts.
• C) Most cases are referred to the Supreme Court by the executive branch.
• D) About half of the cases come from federal appellate courts and the other half come from the 50 state supreme courts.
• E) The majority of Supreme Court appellate cases originated in the military courts.

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Definitions:

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically including features like the principal amount, interest rate, and maturity date.

Equity Securities

Financial instruments that represent ownership in a company or an entitlement to a share in its profits.

Cost Method

An accounting approach used to measure the value of an investment, where the investment's cost includes the purchase price and any costs of acquisition.

Trading Securities

These are securities that a company holds for the purpose of selling them in the near term to profit from price variations, reported at fair value.