The Existence of 50 State Court Systems Means

question 65

Multiple Choice

The existence of 50 state court systems means

• A) all cases start in the state courts.
• B) each state must conform exactly to guidelines in all areas of law as established by the federal courts.
• C) there is no common law tradition.
• D) each state has a different body of legal precedents based on its own constitution, statutes, and administrative rules.
• E) that judicial decision making is centralized and consistent.

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Definitions:

Formal Promise

An official commitment or assurance, often in writing, to perform a specified action or uphold a certain condition.

Interest Payment

The amount paid over a period for borrowing money or delaying the repayment of a debt, typically expressed as an annual percentage of the principal.

Maturity Date

The date on which a financial obligation or investment becomes due for payment or expires, marking the end of its term.

Bank Loan

A bank loan is a sum of money lent by a bank to a borrower at an agreed interest rate and repayment schedule.