In Programs Based on Restorative Justice, Failure to Reach an Agreement

question 44

True/False

In programs based on restorative justice, failure to reach an agreement is typically used in any subsequent legal proceedings to justify a harsher sentence than would otherwise be given.

---

Definitions:

Insolvent

A firm is technically insolvent when it can’t pay its short-term debts. Legal insolvency implies the firm’s liabilities exceed its assets.

Liabilities

Financial obligations or debts that a company owes to others, such as loans, accounts payable, and mortgages.

Assets

Economic resources owned or controlled by a business or individual, expected to produce future economic benefits.

Leveraged Buyout

The acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition.