Can Hal's Handwritten Notes About the Gambling Debt Be Introduced

question 54

Multiple Choice

Can Hal's handwritten notes about the gambling debt be introduced under the Business Records Exception to the Hearsay Rule

• A)Yes, all documents retained by a business qualify as business records.
• B)Yes, they can be introduced as business records as long as the record custodian testifies.
• C)No, handwritten notes do not qualify as business records.
• D)No, these notes were not kept in the regular course of business.

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Definitions:

Trading Investments

Investments in securities for the purpose of selling them in the near term to generate profit from short-term price fluctuations.

Statement of Income

A financial document that reports a company's financial performance over a specific period, detailing revenues, expenses, and net profit or loss.

Long-Term Investments

Assets that a company intends to hold for more than one year, including stocks, bonds, or real estate.

Bonds

A fixed-income investment representing a loan made by an investor to a borrower, usually corporate or governmental.