Civil Forfeiture Is an Act Solely Against

question 21

Multiple Choice

Civil forfeiture is an act solely against:

• A) the property used illegally.
• B) the offender.
• C) anyone living on the property.
• D) back taxes owed on the property.

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Definitions:

Compounded Semi-annually

Interest calculation method where interest is added to the principal twice a year, allowing the interest to grow faster than simple interest.

Savings Plan

A systematic approach to setting aside funds to reach financial goals.

Investments

Funds committed into various financial instruments or assets with the expectation of generating income or profit.

Compounded Monthly

Interest that is calculated on the principal and the accumulated interest every month.