Use the Table Below to Answer the Following Questions

question 97

Multiple Choice

Use the table below to answer the following questions.
Table 14.2.1
-Refer to Table 14.2.1.This table shows the sentences that Bob and Joe will receive if convicted.They have been apprehended by the police under the suspicion of committing armed robbery.The two are immediately separated and questioned about the case.Which one of the following observations is correct?

• A)If Joe confesses,Bob would be better off not confessing.
• B)If Bob confesses,Joe would be better off confessing.
• C)The outcome of the game,assuming Joe and Bob cannot collude,is they will both go free.
• D)If Joe does not confess,Bob would be better off confessing.
• E)The outcome of the game,assuming Joe and Bob cannot collude,is they will both confess.

---

Definitions:

Delinquent Taxes

Taxes that have not been paid by the due date, often subject to penalties and interest charges.

Short-Term Note

A debt instrument or loan with a maturity of less than one year, often used for immediate financing needs.

Cost Basis

The original value or purchase price of an asset or investment for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.

Transportation Costs

Expenses associated with the movement of goods or people from one place to another.