What Is the Meaning of a Nolo Contendere Plea by a Defendant

question 9

Multiple Choice

What is the meaning of a nolo contendere plea by a defendant?

• A) The defendant can choose to have his or her case tried in either a state lower court or a state higher court.
• B) The defendant asserts that he/she is justified in the crime for which he/she is being tried.
• C) The defendant does not contest the charges, but does not admit guilt.
• D) The defendant may file a motion for summary judgment before a case even goes to trial.

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Definitions:

Face Value

The nominal value printed on a financial instrument, like a bond or stock certificate, representing its worth at issuance or maturity.

Interest Payments

Payments made to lenders as compensation for borrowing money, typically calculated as a percentage of the principal amount.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a predetermined call price.

Unamortized Discount

The portion of a bond discount that has not yet been amortized (expensed) over the life of the bond.