Under the FRE Which of the Following Is Generally Not

question 31

Multiple Choice

Under the FRE which of the following is generally not a requirement for a person to be able to testify?

• A)That the individual have personal knowledge of facts pertinent to the case.
• B)That the individual have the ability to understand the obligation to tell the truth.
• C)That the individual willingly take an oath (or affirm)that he or she will tell the truth.
• D)That the individual possess mental qualifications in order to testify as a witness.

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Definitions:

Rational Investor

An individual who makes investment decisions based on logic and factual analysis rather than emotion or hearsay, aiming to maximize returns while minimizing risks.

Face Value

The nominal value or dollar value printed on a security, such as a bond or stock, which indicates its worth at issuance or maturity.

Interest Payment

A payment made to a lender by a borrower in exchange for the use of borrowed money, typically a percentage of the principal.

Insulation Job

A service or project involving the application of insulating materials to buildings or structures to reduce energy consumption by maintaining temperature.