Forensic Accounting

Category - Fundamental Forensic Knowledge

What purpose does deposition serve?
  1. It helps in reaching settlement between parties
  2. It helps detecting flaws related to the trial
  3. It helps the court to frame a judgment
  4. All of the above
Explanation
Answer: C - Deposition not only helps in identifying flaws, but also serves as a bargaining chip between the parties to a litigation. The parties can, then, agree to a settlement before the final judgment.
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