Which of the Following Is True Regarding the Enforceability of Foreign

question 63

Multiple Choice

Which of the following is true regarding the enforceability of foreign judgments in the United States?

• A) Foreign judgments are entitled to full faith and credit.
• B) Foreign judgments are entitled to full faith, but not credit.
• C) Foreign judgments are neither entitled to full faith and credit, nor are they evidence of the justice of the plaintiff's claims.
• D) Foreign judgments are not entitled to full faith and credit, but are only evidence of the justice of the plaintiff's claims.
• E) By statutory law, foreign judgments must be disregarded in the U.S.

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Definitions:

Excise Tax

A tax imposed on specific goods, services, or activities, often included in the price of items like gasoline, alcohol, and tobacco.

Tax Wedge

The difference between the amount a buyer pays and the amount a seller receives for a good or service due to taxation.

Sellers

Individuals or entities that offer goods or services for sale in the market.

Excise Tax

A type of tax levied on specific goods, services, or activities, often aimed at discouraging undesirable behaviors or generating revenue.