For a Plaintiff to Establish That He or She Has

question 75

Multiple Choice

For a plaintiff to establish that he or she has standing to sue,the plaintiff must allege __________.

• A) a lack of subject matter jurisdiction of the court
• B) a personal stake in the resolution of the controversy
• C) at least $100,000 in damages as a result of the controversy
• D) garnishment by the state in which the lawsuit is filed
• E) extradition by the police of the state in which he or she resides

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Definitions:

Simple Interest

Interest earned only on the original principal amount, without compounding.

Daily Closing Balance

The amount of money in an account at the end of each business day, after all transactions have been accounted for.

GICs

Guaranteed Investment Certificates are a form of investment in Canada that ensures a fixed rate of return for a specific duration.

Simple Interest

Interest calculated on the principal amount of a loan or deposit, not including any previously earned interest.