The Phrase "Person of Reasonable Caution" Does Not Refer to a Person

question 42

True/False

The phrase "person of reasonable caution" does not refer to a person with special legal training,it refers to the average person who under the circumstances would believe that the individual being arrested had committed the offense or that the items to be seized would be found in a particular place.

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Definitions:

Term Structure

The relationship between interest rates or yields and different terms or maturities for comparable debt instruments.

Interest Rates

The amount charged, expressed as a percentage, by a lender to a borrower for the use of assets.

Nominal Interest Rates

Interest rates that have not been adjusted for inflation, reflecting the rate of interest paid by borrowers or earned by investors.

Pure Discount Securities

Financial instruments that are sold at a discount from their face value and pay no interest until maturity, such as zero-coupon bonds.