According to the Prima Facie Case Rule, the Judge Can

question 45

True/False

According to the prima facie case rule, the judge can bind over a defendant if the prosecution presents evidence that could, if not rebutted, convict the defendant.

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Definitions:

Sunk Cost

A cost that has already been incurred and cannot be recovered, which should not influence future business decisions.

Accumulated Depreciation

The total depreciation expense allocated for a tangible asset over its usage period, reducing its book value.

Replacement Equipment

Items purchased to replace older assets within a business, ensuring operational efficiency and continuity.

Variable Cost Method

A cost accounting method that only applies variable costs to inventory, excluding fixed costs from cost of goods sold calculations.