At Gunpoint, Tim Took a Wallet Containing $500 from Ron

question 30

Multiple Choice

At gunpoint, Tim took a wallet containing $500 from Ron.This is best described as ______.

• A)larceny-theft
• B)burglary
• C)unlawful theft by taking
• D)robbery

---

Definitions:

Bankruptcy

A legal process for individuals or businesses that are unable to repay their outstanding debts.

Consumer Reporting Agency

is an organization that compiles and provides consumer credit information to entities like creditors, employers, and landlords, impacting decisions on lending, employment, and housing.

Obsolete Information

Information that is no longer relevant or useful due to changes in technology, knowledge, or societal norms.

Truth In Lending Act

A U.S. law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.