Smiley Myrus Owns a Large Corporation That Is Building a New

question 4

Multiple Choice

Smiley Myrus owns a large corporation that is building a new shopping mall in Winston-Salem,North Carolina.In all likelihood:

• A) Smiley's firm is a supplier of loanable funds.
• B) Smiley's firm pays a higher rate of interest than most borrowers, based on the Fisher equation.
• C) Smiley's firm is a borrower of loanable funds.
• D) Smiley's firm pays a lower rate of interest than most borrowers, based on the Fisher equation.
• E) Smiley's firm would loan its profits to foreign entities.

---

Definitions:

Peremptory Challenge Stage

A phase during jury selection in a trial where attorneys can reject a certain number of potential jurors without stating a reason.

Special Verdict Stage

A phase in a trial where the jury is asked to make findings on specific factual questions before reaching a verdict.

Offer of Proof Stage

A phase in legal proceedings where a party indicates what evidence would be provided to prove a point or defense, often after an objection to said evidence.

Stare Decisis

A legal principle that mandates courts to follow the precedents set by previous decisions in similar cases.