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To increase the potential for a successful acquisition, a firm should:
Depositions
Testimonies given under oath by a witness or party to a lawsuit, recorded outside of court for later use in court proceedings.
Documents
Written, drawn, presented, or memorialized representations of thoughts.
Case-or-Controversy Requirement
A constitutional principle that federal courts can only hear actual, ongoing cases or controversies, ensuring that courts do not overstep their boundaries into the realm of advisory opinions.
Advisory Opinions
Non-binding judgments given by courts or legal authorities on questions of law or policy, often requested before formal legal action is commenced.
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