Sample Data Entry Test Prompt

Equity: The value of a debtor's interest in property that remains after liens and other creditors' interests are considered. (Example: If a house valued at $60,000 is subject to a $30,000 mortgage, there is $30,000 of equity.) Judicial Conference of the United States: The policy-making entity for the federal court system. A 27-judge body whose presiding officer is the Chief Justice of the United States.