Rules of Evidence Cover What Is Considered Both Pertinent and Proper

question 28

Multiple Choice

Rules of evidence cover what is considered both pertinent and proper for use by a jury and a judge in reaching a decision,and such evidence is considered _____.

• A) admissible
• B) hearsay
• C) spoliation
• D) worthy

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Definitions:

Policyholder's Perspective

Insights or considerations from the viewpoint of an individual or entity that owns an insurance policy.

Fiduciary Responsibility

A legal obligation requiring an individual or organization to act in the best interest of another party, typically in financial matters.

Prudent Investor Rule

Prudent Investor Rule is a legal guideline for fiduciaries that mandates investment strategies should be made as a prudent investor would, considering risk, return, diversification, and the objectives of the trust or beneficiary.

Active Portfolio Management

A strategy where managers make specific investments with the goal of outperforming an investment benchmark index.