In General,for an Act to Be Defined Legally as a Crime,which

question 4

Multiple Choice

In general,for an act to be defined legally as a crime,which of the following must be true?

• A) The perpetrator must realize it is a crime.
• B) There must be a prohibition against the conduct.
• C) It must contravene a society's moral code.
• D) The entire society must condemn the act.

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Definitions:

Merchandise Inventory

Goods that are purchased for the purpose of being sold to customers in the normal course of business.

Interest Rate

The percentage of an amount of money charged by a lender to a borrower for the use of borrowed money.

Face Amount

The total value that will be paid to beneficiaries at the maturity of an insurance policy or the principal value of a bond at its maturity.

Note Issued

A financial instrument representing a promise to pay a specified amount of money at a future date, often used for loans or as corporate debt.