What is the formal conclusion for each side in a trial that recapitulates key arguments and evidence?

The correct response is the term "Summation," which refers to a formal conclusion in a trial that effectively recaps the main arguments and evidence presented by both sides. In legal proceedings, a summation allows attorneys to highlight the essential points made during the trial and reinforce their respective positions before the judge or jury. This process is crucial as it helps to clarify complex information and reminds the decision-makers of the pivotal evidence and arguments that should influence their final ruling.

Using the term "Closing Argument" refers to a similar concept, where attorneys summarize their cases at the end of the trial. While "Closing Argument" is indeed a widely recognized term in legal contexts, "Summation" more specifically denotes the act of recapping and the structured presentation of key points, making it the more appropriate answer in this context. Other options like "Debate" and "Statement" do not accurately define the formal process or serve the distinct purpose of summarizing arguments in a trial setting.