Which of the Following Is True of Misdemeanor Cases

question 26

Multiple Choice

Which of the following is true of misdemeanor cases?

• A) They do not require mens rea.
• B) The prosecutor presents the facts to a magistrate and an information is issued.
• C) The prosecutor presents the facts of the crime to a grand jury.
• D) They are punishable by imprisonment of more than two years.

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Stock Dividend

The payment of additional shares to shareholders instead of cash, usually at a fixed rate, often used by companies to conserve cash.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.