The Faint Hope Clause Is No Longer Available for Offences

question 191

Multiple Choice

The faint hope clause is no longer available for offences committed after what date?

• A)June 2010
• B)December 2010
• C)June 2011
• D)December 2011

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Definitions:

Market Price

The price charged for an item on the open market.

Fixed Costs

Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance.

Gross Margin Percentage

A profitability ratio that shows the percentage of sales revenue remaining after deducting the cost of goods sold, indicating the financial health and performance of a company's core activities.

Sales Volume

The quantity of products or services sold by a company within a specific period, often used as an indicator of business activity.