When an Inmate Is Released When the Unserved Portion of the Maximum

question 56

Multiple Choice

When an inmate is released when the unserved portion of the maximum prison term equals his or her earned good time, this is known as:

• A) mandatory parole release.
• B) discretionary parole.
• C) limited parole.
• D) community release.

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Definitions:

Open Account

A credit arrangement where the buyer pays the seller for goods or services at a later time, without the need for a formal loan agreement.

Owner's Equity

The total value of assets owned by the proprietorship after all debts and liabilities have been settled; essentially the net worth of a company.

Liabilities

Financial obligations or debts owed by a business to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Assets

Assets are possessions or property that a company owns or controls, anticipated to yield benefits in the future.