Court Systems & Financial Wellness Flashcards

1
Q

Three Branches of Government

A

Judicial
Executive
Legislative

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2
Q

What branch of government is law enforcement in?

A

Executive

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3
Q

How many Supreme Court Justices are there?

A

7

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4
Q

Where the crime occurred.

A

Venue

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5
Q

Charges sentenced to up to one year in jail.

A

Misdemeanor

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6
Q

Charges sentenced to one year or more in jail or prison.

A

Felony

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7
Q

Who presses charges?

A

Prosecutor

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8
Q

Exchange of information between the prosecution and the defense.

A

Discovery

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9
Q

Voir Dire

A

Jury Selection

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10
Q

Rule of 72

A

Divide your interest rate into the number 72. This is the number of years it will take your money to double.

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11
Q

Who said “compound interest is the most powerful force in the universe”?

A

Albert Einstein

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12
Q

3 Things That Will Take Your Money

A

Taxation
Inflation
Market Fluctuation

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13
Q

3 D’s of Successful Investing

A

Discipline
Dollar Cost Averaging
Diversification

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14
Q

What does DROP stand for?

A

Delayed Retirement Option Plan

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