Use the Figure for the Question(s) Below

question 56

Multiple Choice

Use the figure for the question(s) below.
-The above screen shot from Google Finance shows the basic stock information for Kraft Foods Inc. after the close of the stock market on May 30, 2008. What is the highest that the stock has traded at in the last 12 months?

• A) $32.44
• B) $32.48
• C) $32.99
• D) $35.29

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Definitions:

Negotiation

The process of discussing and reaching a mutual agreement between parties with differing needs or perspectives.

United States Supreme Court

The highest court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Writ of Certiorari

An order issued by a higher court to a lower court to send up the records of a case for review, often used by the U.S. Supreme Court to select cases.

Original Jurisdiction

The authority of a court to hear a case first, before any other court has reviewed the matter.