In Civil Cases, the Standard of Proof for Being Held

question 21

Multiple Choice

In civil cases, the standard of proof for being held liable is _____, while in criminal cases, it is _____.

• A) beyond a reasonable doubt; clear and convincing evidence
• B) clear and convincing evidence; preponderance of the evidence
• C) preponderance of the evidence; beyond a reasonable doubt
• D) reasonable person standard; clear and convincing evidence

---

Definitions:

Gains

The increase in value of an asset or investment, measured as the difference between the sale price and the purchase price.

April Futures Price

The April Futures Price refers to the agreed-upon price set in a futures contract for the delivery of a specific commodity, financial instrument, or currency in April.

S&P 500 Index

An index of the American stock market reflecting the value of 500 large-cap companies with shares available on either the NYSE or NASDAQ.

Open Interest

The total number of outstanding derivative contracts, such as options or futures, that have not been settled.