Small Claims Courts

question 13

Multiple Choice

Small claims courts:

• A) have dollar limits on the kinds of the cases they can hear
• B) are generally quicker to hear cases than regular district courts
• C) have less formal procedure than regular district courts
• D) do not require the use of lawyers
• E) all of the other choices are correct

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Definitions:

Permanent Income

A person’s normal income.

Transitory Income

Income that is temporary or not expected to recur on a regular basis, affecting individuals' spending and saving decisions.

Permanent Income

A theory suggesting that an individual's consumption choices are more influenced by their lifetime average income rather than by their current income.

Advertising

A form of marketing communication used to promote or sell a product, service, or idea through various media channels to reach a target audience effectively.