10. Rank the courts in order from the lowest level to the highest level: Supreme Court , District Courts, Courts of Appeal (Appellate Court) / Circuit Court

Lowest

Intermediate

Highest

I. District Courts.

II. Circuit Court.

III. Courts of Appeal (Appellate Court).

IV. Supreme Court.

Explanation:

The ranking of courts in an ascending order (lowest to highest) is;

I. District Courts: it is also known as trial court. This is a court of original jurisdiction and as such it is the court where issues of fact, evidence, laws, and testimony for a litigation are first received, considered and decided.

II. Circuit Court: this are the twelve (12) courts that make up the Courts of Appeal. It is essentially the first level of appeal in litigations.

III. Courts of Appeal (Appellate Court): it can be defined as a court of law of the judicial system that is empowered by law (jurisdiction) and saddled with the responsibility of hearing and reviewing an appeal of a trial-court or other lower court (tribunal).

IV. Supreme Court: it refers to a federal court and it's known to be the highest court in relation to the hierarchy of courts in the judicial branch. Therefore, it is referred to as the ap-ex court. Generally, the Supreme Court comprises of nine (9) justices (a chief justice and eight (8) associate justices). These nine (9) justices are appointed only by the president and subsequently confirmed by the senate after screening them diligently.

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.  

the answer is a) high entry costs