Author Question: Which of the following statements is true of a testifying economic expert in civil litigation? A) ... (Read 79 times)

berenicecastro · **on:** Jul 6, 2018

Which of the following statements is true of a testifying economic expert in civil litigation?

A) The expert is responsible for preparing or reviewing a report and critiquing the opposing expert's report when engaged by the defendant's counsel.
B) The primary role of an economic expert in a damages claim is to punish a defendant's intentional or reckless behavior.
C) An economic expert can be engaged by counsel for the plaintiff but not for the defendant in a damages claim.
D) An economic expert will usually prepare a report that sets forth his or her opinion of damages when engaged by the plaintiff's counsel.

Question 2

On a bank statement, a deposit of 402 was recorded as 204 . The difference of 198 should be treated as a(n)
a. deduction from the ledger balance of cash.
b. addition to the bank statement balance.
c. deduction from the bank statement balance.
d. addition to the ledger balance of cash.
e. addition to the Sales account.

xiaomengxian · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

D
Explanation: D) In civil litigations, the testifying economic expert will usually prepare a report that sets forth his or her opinion of damages when engaged by the plaintiff's counsel.

Answer to Question 2

b