According to the Defense of Necessity, It Is

question 2

Multiple Choice

According to the defense of necessity, it is:

• A)permissible to commit a greater crime in order to avoid a lesser crime.
• B)permissible to commit one crime to avoid another.
• C)permissible to commit a lesser crime to avoid a greater one.
• D)never a defense to commit one crime to avoid another.

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Definitions:

Target Cash Balance

The ideal amount of cash that a company aims to hold to meet operational and transaction needs while minimizing holding costs.

Miller-Orr Model

A model used in financial management to determine the optimal level for cash balances under uncertainty.

Uncertainty

The lack of predictability or certainty about outcomes, often considered in the context of investment or economic forecasts.

Cash Flows

Incoming and outgoing cash movements in a business or project, crucial for understanding its liquidity and operational efficiency.