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Today's Terms
Hearsay
Definition:
Evidence based on what the witness has heard someone else say, rather than what the witness has personally experienced or observed.
Replacement Cost
Definition:
Replacement cost is the cost of replacing lost or damaged property with new property of like kind and quality, at current market prices.
Subpoena
Definition:
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.
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