A Person Who Performs Supervisory Activities Will Also Be a _____

question 31

Multiple Choice

A person who performs supervisory activities will also be a _____ if she/he is financially responsible for investment and other contracted decisions.

• A)residual claimant
• B)director
• C)shareholder
• D)financial advisor

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Definitions:

U.S. Court of Appeals

A court in the United States that hears appeals from the district courts within its federal judicial circuit, as well as appeals from decisions of federal administrative agencies.

Circuit

In electronics, a circular path through which an electric current flows or moves; in legal terms, a geographical area of jurisdiction for federal courts.

General Jurisdiction

The court's authority to hear all kinds of legal disputes, typically regarding cases that are not limited by the subject matter or geographic area.

Trial Court

A court of law where cases are tried in the first instance, as opposed to an appeals court.