The Act of Other Interested Parties Joining as Parties to an Existing

question 68

Multiple Choice

The act of other interested parties joining as parties to an existing lawsuit is termed as ________.

• A) intervention
• B) consolidation
• C) class action
• D) arbitration

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Definitions:

Base Year

A reference point in time used for comparison purposes when analyzing economic or financial data.

Vertical Analysis

A method of financial statement analysis in which each entry for a given year is represented as a proportion of a total value.

Total Assets

The sum of all resources owned by a company, valued in monetary terms, including both current and non-current assets.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.