Which of the Following Is True About the Federal Appeals

question 257

Multiple Choice

Which of the following is true about the federal appeals courts?

• A) there are twelve circuit courts of appeals not counting the federal circuit
• B) courts of appeals usually assign three-judge panels to review decisions of district courts
• C) the U.S. government does not have the right to appeal a decision in a criminal case
• D) the judges are appointed until they reach age 70, but they may hear cases after age 70
• E) all of the other choices are correct

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Definitions:

Implicit Interest

The interest amount represented in the difference between the present value and the future value of a payment or investment.

Nominal Face Value

The stated value of a financial instrument (e.g., bond) at issuance, unrelated to market value.

Zero Coupon Bond

A debt security that doesn't pay interest but is traded at a deep discount, offering a profit at maturity when the bond is redeemed for its full face value.

Face Value

The nominal value stated on a financial instrument, such as a bond or stock, representing its worth at issuance or maturity.