Which Defense Is One in Which the Defendant Admits to the Criminal

question 65

Multiple Choice

Which defense is one in which the defendant admits to the criminal activity but offers reasons for acting?

• A)affirmative
• B)justification
• C)necessity
• D)duress

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Definitions:

Amortize Discount

The process of gradually writing off the discount on bonds payable over the life of the bond, effectively recognizing some interest expense each period.

Bonds Payable

Long-term liabilities that represent the amount a corporation owes to bondholders.

Effective-Interest Method

A method of calculating the amortized cost of a bond and interest expense using a constant interest rate over the term of the bond.

Bond Interest Expense

The cost associated with borrowing money through bond issuance, representing the interest payments made to bondholders.