The Common Law Doctrine That You Have a Right to Defend

question 143

Multiple Choice

The common law doctrine that you have a right to defend your home, yourself, your property, or an innocent person from the illegal acts of another is the basis for the doctrine.

• A) castle
• B) house
• C) self-defense
• D) reasonable force

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Definitions:

Common Stock

A type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits through dividends.

Outstanding Stock

The shares of a corporation that have been issued and are in the hands of the public.

Long-Term Investments-HTM

Investments classified as held-to-maturity (HTM) are financial assets a company intends and is able to hold until a fixed future date.

Short-Term Investment-AFS

Refers to Available-for-Sale short-term investments that are not classified as held-to-maturity or trading, and can be sold in response to liquidity needs or changes in interest rates.