Pointing an Unloaded Gun at Someone Who Believes It Is

question 65

True/False

Pointing an unloaded gun at someone who believes it is loaded and threatening to shoot constitutes an assault.

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Definitions:

Capital Lease

A lease agreement that is classified as a purchase by the lessee for accounting purposes, because it transfers substantially all the risks and rewards of ownership.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Lease Payments

Periodic payments made by a lessee to a lessor for the use of an asset over a specified lease term.