Which of the Following Statements Is True About the Pretrial

question 72

Multiple Choice

Which of the following statements is true about the pretrial litigation process?

• A) To initiate a lawsuit, the plaintiff must file an appeal in the proper court.
• B) If the plaintiff does not answer a complaint, a default judgment is entered against him or her.
• C) A plaintiff files a cross-complaint against the defendant to seek damages.
• D) A default judgment establishes the defendant's liability.

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Definitions:

Units

Units commonly refer to a measure of quantity or to the basic amounts of inventory, production, or other quantifiable elements in business operations.

Return On Capital Employed (ROCE)

A financial ratio that measures a company's profitability and efficiency in using its capital; calculated as EBIT (Earnings Before Interest and Taxes) divided by capital employed.

Capital Structure

The composition of a company's liabilities and shareholders' equity including debt, equity, and any other types of financing.

Tax Bracket

A range of income over which the tax rate is constant.