Officer Allen Conducted an Investigation of Brian for Purchasing Stolen

question 6

Multiple Choice

Officer Allen conducted an investigation of Brian for purchasing stolen property which he resold at his jewelry store. Officer Allen, dressed in street clothes, went to Brian's store when it was open for business and spent an hour looking at items in the display cases. He did not ask Brian any questions and he did not buy anything. Officer Allen asked Judge Crawford for a search warrant for Brian's store. Judge Crawford signed a warrant that gave Officer Allen permission to check every item in the store for serial numbers and to run the serial numbers through the database that listed stolen property. Did Officer Allen conduct a search when he went to the store and looked at items in the display case?

• A) Yes, he was there searching for evidence that Brian sold stolen jewelry.
• B) Yes, Brian's store was private property.
• C) No, he did not invade Brian privacy by looking at items on display for the public to view.
• D) No, he did not remove anything from the display case.

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Definitions:

Effective Interest Method

An accounting technique used to allocate the interest expense or income of a bond over its life in a way that yields a constant rate of return.

Interest Expense

The cost incurred by an entity for borrowed funds, which is considered a non-operating expense on the income statement.

Semiannually

Occurring twice a year, typically used in the context of payments, interest accruals, or reporting periods.

Effective-interest Method

A method of amortizing bond discounts or premiums that reflects the constant rate of interest over the life of the bond with respect to its carrying value at the beginning of each interest period.