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A Person Is Competent to Testify When

question 43

Multiple Choice

A person is competent to testify when:


Definitions:

Corporation

A legal entity separate from its owners, with rights and responsibilities, capable of entering contracts, suing, and being sued.

Business Segment

A division within a company that generates revenues and incurs expenses related to different products, services, or geographic areas.

Financial Results

The outcome of a company's activities in monetary terms, typically expressed in terms of revenue, profit, or loss over a specific period.

Discontinued Segment

A part of a business that has been sold off, shut down, or is no longer operating as a distinct unit.

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