A Statement Made by Someone Outside of Court Who Is

question 21

Multiple Choice

A statement made by someone outside of court who is not under oath and is being used to assert the truth in court is known as _____________.

• A) gossip
• B) hearsay
• C) voir dire
• D) probative

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Definitions:

Business Judgment Rule

The reluctance of the court to interfere with decisions of a board of directors.

Corporate Information

Data and details related to the operations, management, and financial status of a company.

Personal Benefit

An advantage or gain that accrues to an individual, often in a context where it might be considered ethically dubious or a conflict of interest.

Personal Liability

Legal responsibility of an individual to answer for debts, actions, or failures, potentially using personal assets to cover obligations.