What Option Does a Party Have If He or She

question 10

Multiple Choice

What option does a party have if he or she does not appeal the ALJ's initial order within the allowed timeframe?

• A)The party can refile the claim in the trial court.
• B)The party can initiate mediation.
• C)There are no options and the initial order becomes a final order.
• D)The party can refile the claim with the agency and have it decided by a different ALJ.
• E)The party can file a motion to request appeal to have the decision reviewed.

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Definitions:

Installment Note

A debt instrument that requires the borrower to make regular payments (installments) of principal and interest over a set period until the total debt is paid.

Journal Entry

A record in the books of accounts that represents a transaction and its effect on various accounts.

Interest Expense

The financial charge for an entity using borrowed capital over a time frame.

Notes Payable

Short-term or long-term liabilities representing amounts owed on written promises to pay a specific sum of money at a future date.