A Statute Makes It Illegal for an Unlicenced Individual to "Offer

question 30

True/False

A statute makes it illegal for an unlicenced individual to "offer for sale a switchblade knife." Mack, who does not hold a licence, owns a store that deals in a variety of items. The front window display case, which is visible from the street, contains a switchblade knife that has a price tag on it. Mack has undoubtedly committed a crime because he does not hold a licence.

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Definitions:

Loss

A reduction in value, particularly referring to finances, such as money, or other assets.

Insured

A person or entity covered under an insurance policy, receiving protection against specified losses or damages.

Intravenous Drug User

An individual who administers drugs directly into the bloodstream through a vein, often associated with higher risk of certain diseases.

Life Insurance

A policy that provides financial compensation to a designated beneficiary upon the death of the insured individual.