Which of the Following Statements Is True of Trial Judges

question 76

Multiple Choice

Which of the following statements is true of trial judges of U.S.courts?

• A) They cannot apply substantive rules of law to decide a case.
• B) They are responsible for finding the facts in cases without a jury.
• C) They are responsible for reviewing petitions for a writ of certiorari.
• D) Members of the U.S. Supreme Court are known as trial judges.
• E) They are not allowed to apply constitutional limitations in trials without a jury.

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Definitions:

Consumer Surplus

The variance between the sum consumers are willing to shell out for a good or service and the sum they actually shell out.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a balance in the market.

Producer Surplus

The discrepancy between the price at which producers are prepared to offer a good or service and the price they actually obtain.

Demand Shifts

Refers to the change in the quantity demanded of a good or service at any given price, caused by factors other than the price of the good itself.