Attorneys Paid for by the State to Ensure That Criminal

question 12

Multiple Choice

Attorneys paid for by the state to ensure that criminal defendants are not deprived of their constitutional right to be represented by counsel are

• A) paralegals.
• B) public prosecutors.
• C) public defenders.
• D) None of these choices is correct.

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Definitions:

Put Contracts

Financial derivatives that give the holder the right, but not the obligation, to sell a specific amount of a security at a specified price within a specified time period.

Underlying Stock

The stock that is the basis for a particular derivative instrument, such as an option.

Market Value

The current quoted price at which an asset or company can be bought or sold on the open market.

November 47.50 Call

A call option contract for the right to buy a specific financial instrument at a price of 47.50, expiring in November.