Three Strategies That Have Been Used to Increase Restitution Collection

question 51

True/False

Three strategies that have been used to increase restitution collection rates include notifying the offender through letters and phone calls, restorative justice techniques, and presentence efforts.

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Definitions:

Divestiture

The opposite of an acquisition. That is, a company sells a portion of its assets, often a whole division, to another firm or individual.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace, reflecting the value as perceived by the market participants.

Acquiring Firm

This is a company that purchases most or all of another company's shares to gain control over that company.

Replacement Cost

The cost to replace an asset of a company at its current price, without considering depreciation.