Which of the following statements is true about intermediate appellate courts?

A) They hear new evidence and testimony that have come to light after the trial courts have made their decision.
B) They do not grant any oral hearings to the parties.
C) They have jurisdiction to hear cases of a limited or specialized nature.
D) They review either pertinent parts or the whole trial court record from the lower court.

D

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Braun Schiffer is a maker of high-quality audio speakers. It is on the verge of launching a new

range of high-powered, yet extremely compact, speakers. The fixed overhead costs for production of these speakers is estimated at $400,000. The costs producing a single unit is $200. The company prices these speakers at $400. The sales forecast projects that 1,800 units will be sold by the end of the first year, 4,200 more in the second year, and 2,500 during the third year after launch. At what point of time is the company most likely to break even? A) twelve months B) eighteen months C) fifteen months D) six months

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What will be an ideal response?

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