The Requirement of Standing Means That Parties in a Case

question 89

Multiple Choice

The requirement of standing means that parties in a case must

• A) be alive.
• B) have a concrete injury or interest at stake.
• C) be present in court during the trial.
• D) know the law they are using to defend themselves.
• E) have an attorney present with them in court.

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Definitions:

Account Balance

The amount of money in a financial repository, such as a bank account, at any given moment.

Interest Receivable

An accounting term referring to the interest income that has been earned but not yet received in cash.

Accounts Payable

Liabilities of a business that represent amounts due to suppliers or creditors for goods and services received but not yet paid for.

Equipment

Tangible assets used in the operation of a business, such as machinery and office furniture, which are not intended for sale.