Sue Jackson Was Recently Pulled Over by a Local Law

question 84

Multiple Choice

Sue Jackson was recently pulled over by a local law enforcement agency. She was not sure why she was being pulled over. When the officer approached the car, he informed Sue that he was going to search the car. The officer did not find anything until he opened a backpack that belonged to her brother. When the officers opened the backpack, he found two rocks of crack cocaine. Sue was immediately arrested and is currently awaiting a court date. After Sue's arrest the car was impounded. What type of search must be completed on the car?

• A) Inventory
• B) Itemized
• C) Special
• D) Consistent
• E) Property

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Definitions:

Lease Payment

Regular payments made by a lessee to a lessor for the use of an asset over a specified period.

General Journal Entry

The process of recording financial transactions in the general journal, part of the double-entry bookkeeping system.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during their life, usually at the discretion of the bondholder.

Bearer Bonds

A type of fixed-income security that is owned by the holder or bearer, instead of being registered to a specific owner.