The Statutory-Based Exclusionary Rule in Title III

question 20

Multiple Choice

The statutory-based exclusionary rule in title III:

• A) applies to wire, oral, and electronic communications
• B) applies to electronic and wire communications, but does not apply to oral communications
• C) applies to electronic and oral communications, but does not apply to wire communications
• D) applies to wire and oral communications, but does not apply to electronic communications

---

Definitions:

Lender's Risk

The risk faced by a lender that the borrower may not repay a loan either in part or in full.

Asset Substitution

A financial strategy where a firm replaces less risky assets with more risky investments, potentially increasing shareholders' wealth but also the risk to lenders.

Debt Covenant

Agreements between a borrower and lender stating specific limitations or conditions about the borrower's actions.

Borrowing Costs

Expenses incurred by an entity for borrowing funds, including interest, amortization of discounts or premiums on debt, and other related costs.