Legal ______ Requires That a Defendant Understand the Charges Brought

question 41

Multiple Choice

Legal ______ requires that a defendant understand the charges brought against him or her, the seriousness of the charges, and the possible penalties.

• A) adjudication
• B) competency
• C) sanity
• D) court standing

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Definitions:

White Knight

A person or company making a favorable investment in or purchase of a company as a strategic defense against a hostile takeover.

Tender Offer

A public, open offer or invitation by a prospective acquirer to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time.

Hostile Takeover

An acquisition attempt by one company of another that is resisted by the target company's management and board of directors.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with the care of money or property.