Which of the Following Statements Is TRUE with Respect to Pleadings

question 54

Multiple Choice

Which of the following statements is TRUE with respect to pleadings?

• A)The party that creates a counterclaim is usually also the same party that creates the statement of claim.
• B)Each pleading must be filed with the opposing party and served on the court.
• C)A demand for particulars is always created by a plaintiff.
• D)The party that files and serves a reply is usually the same party that files and served the statement of claim.
• E)The purpose of a counterclaim is to counter, or contradict, a statement of claim by alleging facts that have the effect of denying liability.

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Definitions:

Investment

The allocation of resources, usually money, into assets or projects expected to generate future returns or profit.

Profitability Index

A calculation that measures the relative profitability of an investment by dividing the present value of future cash flows by the initial investment cost.

Discount Rate

This rate is applied in discounted cash flow analysis to derive the current value of cash flows expected to be received in the future.

Project

A short-term effort made to develop a distinct product, service, or outcome.