Which of the Following Is Not a True Statement About

question 38

Multiple Choice

Which of the following is not a true statement about judges?

• A) Their primary role is to hear cases.
• B) They are always given the necessary authority to govern all court operations.
• C) They typically are not trained in court management.
• D) Many judges face term limits and thus serve for only a fixed number of years.

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Definitions:

Arbitrage Pricing Theory

A theory that describes how the price of assets or securities is determined through the relationship to several risk factors or theoretical market indices.

Stephen Ross

An influential economist and finance professor known for his work in developing the Arbitrage Pricing Theory and other significant contributions to finance.

Security Market Line

A graphical representation of the expected return of investments as a function of their risk, depicting the relationship between the risk and the expected return of the market.

Fairly Priced

A term indicating that an asset's selling price is considered to be in line with its intrinsic value.