In What Percentage of Cases Submitted to the Supreme Court

question 28

Multiple Choice

In what percentage of cases submitted to the Supreme Court does the Court grant a hearing and submit a decision?

• A) 1 percent
• B) 5 percent
• C) 15 percent
• D) 25 percent
• E) 50 percent

---

Definitions:

Corporate Laws

Regulations and legal principles dealing with the formation, operation, and dissolution of corporations.

Legal

Pertains to the system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Corporations

Legal entities formed by individuals, shareholders, or stakeholders, with rights and duties distinct from those of its members, and recognized as such by law.

Preincorporation Contracts

Agreements entered into by the promoters of a company on its behalf before the company has been legally formed.