Investment Company and. Variable Contracts Products Principals (Series 26) Practice Exam

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After receiving an amended complaint, what is the time allowed to file an answer?

10 days
14 days
25 days
30 days

The correct answer is: 14 days

When a party receives an amended complaint, the timing for filing an answer is typically governed by the rules of civil procedure applicable in the jurisdiction. In many jurisdictions, including under the Federal Rules of Civil Procedure, a defendant usually has 14 days to respond to an amended complaint after it has been served. This timeframe allows the defendant sufficient time to review the changes made in the amended complaint and prepare a response accordingly. Choosing 14 days reflects an understanding of the procedural rules that are designed to ensure fair play and efficiency in the judicial process. Keeping this timeframe is important as it helps facilitate timely resolution of a case, maintaining the court's calendar while providing both parties a fair opportunity to present their arguments.