The Elements of Motor Vehicle Theft Are

question 37

Multiple Choice

The elements of motor vehicle theft are:

• A)intentionally taking or driving a motor vehicle without the consent of the owner or the owner's authorized agent.
• B)taking a motor vehicle from the owner with the intent to sell or remove the vehicle or use it for crime.
• C)taking an automobile with the intent to sell the automobile or to sell its part or otherwise profit from the theft.
• D)joyriding for pleasure or for criminal activity such as the use of the vehicle in the commission of a theft.

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Definitions:

Contribution Margin

The surplus of sales revenue over the variable production costs, showing how much revenue aids in covering fixed expenses and producing profit.

Sales Price

The amount of money for which a product or service is sold in the marketplace.

Variable Cost

Expenses that change in proportion to the level of production or business activity, unlike fixed costs which remain constant.

IRR

The interest rate that results in a net present value of zero for all cash flows associated with a specific project.