What Is the Principal Asset in the Net Worth of Most

question 6

Multiple Choice

What is the principal asset in the net worth of most American families?

• A) bonds
• B) businesses
• C) homes
• D) savings and checking accounts
• E) stocks

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Definitions:

Actus Reus

Actus Reus refers to the physical act of committing a crime, as opposed to the mental intent to commit the act.

Mens Rea

A legal principle referring to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action or conduct of the accused.

Criminal Liability

The legal responsibility for committing acts that are proscribed by criminal law and subject to punishment.

Misdemeanor

A criminal offense that is less serious than a felony and typically punishable by fines, community service, probation, or short-term imprisonment.