Conviction on a _______ Charge Usually Means That the Offender

question 27

Short Answer

Conviction on a _______ charge usually means that the offender may be given a prison sentence of more than a year.

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Definitions:

Assignment

A process by which one party transfers rights, duties, or property to another.

Promissory Note

A financial instrument in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand of the payee.

Payee

A person to whom an instrument is made payable.

Maker's Obligation

The responsibility of the creator of a negotiable instrument to pay the specified amount to the holder of the instrument upon its presentation.