To Slow Down Prison Litigation That Clogs the Federal Courts

question 31

True/False

To slow down prison litigation that clogs the federal courts, Congress passed the Prison Litigation Reform Act in 1996, which requires prisoners to exhaust all internal administrative grievance procedures before filing a civil rights case in federal court.

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Definitions:

Maturities

The term dates on which debts or investments are due to be paid or settled.

Bond Issue

The process by which a borrower, such as a company or government, raises funds by selling bonds to investors, with the promise to pay back with interest at future dates.

Term Bonds

Term bonds are fixed income securities issued with a fixed maturity date at which the principal amount is due to be paid to investors.

Interest Dates

Specific dates on which interest payments are made or calculated on bonds, loans, or deposits.