Wesley Is Serving a 10-Month Sentence for Driving While Impaired

question 4

Multiple Choice

Wesley is serving a 10-month sentence for driving while impaired. This was Wesley's second conviction. He has never served time before and is overwhelmed with his experience so far. He is serving his time with all walks of life and most inmates say they are not guilty. Wesley cannot believe he is serving time and the manager is someone he supported and actually voted for. Wesley knows that the next 10 months cannot go fast enough.
-Wesley is upset that he is managed by someone he voted for.He is referring to the

• A) ​warden.
• B) ​sheriff.
• C) ​chief.
• D) ​secretary.

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Definitions:

Fair Market Value

The price at which an asset would sell on the open market between a willing buyer and a willing seller.

Rental Business

An entrepreneurial activity where an individual or entity rents out properties or equipment to others for a profit.

Adjusted Basis

The original cost of an asset adjusted for improvements, depreciation, and certain tax-related adjustments used to calculate capital gains or losses.

Fair Market Value

An estimate of the market value of an asset or property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.