Use the Information for the Question(s)below

question 13

Multiple Choice

Use the information for the question(s) below.
Big Cure and Little Cure are both pharmaceutical companies.Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.If approved,Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.Little Cure has 10 separate less important drugs before the FDA waiting for approval.If approved,each of Little Cure's drugs would produce $100 million in net income for Little Cure.The probability of the FDA approving a drug is 50%.
-What is the expected payoff for Little Cure's ten drugs?

• A)$500 million
• B)$100 million
• C)$1 billion
• D)$0

Recognize the procedural aspects and significance of a subpoena and ensure compliance.

Identify the roles and responsibilities of legal personnel in managing court appearances and documentation.

Distinguish between various types of witnesses and their relevancy to a case.

Grasp the importance of pre-trial preparations including negotiations, juror selection, and trial notebooks.

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Definitions:

Field Notes

Observational data recorded by researchers during or after their fieldwork, documenting their observations and experiences.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Survey Research

A quantitative method of sociological research that involves asking people questions in a designed survey to collect data.

Objectivity

A principle of being unbiased and not influenced by personal feelings or prejudices in considering and representing facts.