An Example of Knowledge of Circumstances Is to Receive Stolen

question 51

True/False

An example of knowledge of circumstances is to receive stolen property under mistaken facts.

---

Definitions:

Franchising

A business practice in which a company allows another operator to trade under its brand in return for a fee or license.

Parent Company

A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Contractual Arrangement

An agreement between entities to do or not do specific things, legally binding and enforceable.

Forward Integration

A business strategy where a company gains ownership or increased control over its distributors or retailers.