A Report by the National Institute of Justice Found That

question 18

Multiple Choice

A report by the National Institute of Justice found that private prisons _________.

• A) are more likely to abuse inmates rights
• B) are much more expensive to operate than public prisons
• C) are disliked by the inmates
• D) all of the above
• E) none of the above

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Definitions:

MBCA

stands for the Model Business Corporation Act, a model set of laws prepared to assist states in drafting their own corporation statutes.

Preincorporation Services

Services performed or actions taken in the name of a corporation prior to its legal formation.

Gratuitous Promise

A promise made without expecting anything in return, often not legally enforceable due to the lack of consideration.

Certificated Options

Options to buy or sell assets, especially securities, which are recognized and documented by a certificate.