In the Case of Private Law

question 38

Multiple Choice

In the case of private law,

• A) the suit can proceed if the victim doesn't want it to.
• B) the suit is brought on behalf of harmed party.
• C) the cases handled are generally criminal cases.
• D) the harmed party does not pay for suit.

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Definitions:

Net Income

The financial gain a company realizes after all deductions, including taxes and costs, are taken from revenue.

Total Assets

The sum of all assets owned by an individual or organization, including cash, investments, property, and other valuables, representing the total resources available for use in generating future income.

Total Asset Turnover

A financial efficiency ratio that measures how effectively a company uses its assets to generate sales revenue.