Explain the Advantages and Disadvantages Between Mutual Savings Banks and Savings

question 30

Essay

Explain the advantages and disadvantages between mutual savings banks and savings and loans.

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Definitions:

Hearsay Rule

A legal principle that excludes the use of statements made outside the court to prove the truth of the matter asserted, due to concerns over their reliability.

Exceptions

Instances or conditions that deviate from the general rule or law.

Locate Witness

The process of finding individuals who possess firsthand information or evidence relevant to a legal case or investigation.

Direct Evidence

Evidence that directly proves a fact, without needing inference or presumption.