​ a Mistake of Fact Can Be a Defense If

question 79

Multiple Choice

​ A mistake of fact can be a defense if it:

• A)negates the mens rea .
• B)is an act or omission.
• C)is unreasonable.
• D)breaks the chain of causation.

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Definitions:

Par Value

A nominal value assigned to a share of stock or a bond by the issuing company, often used in accounting.

Liability Recorded

The process of documenting a company's obligations or debts in its financial records.

Noncash Asset

An asset that is not in the form of cash and can include things like real estate, vehicles, equipment, and intellectual property.

Fair Value

An appraisal of the market value of an asset or liability, reflecting the price it could be sold for or the payment required to assume the liability, within a structured exchange involving market actors.