The Definition of Appropriation in S3(1)Theft Act 1968 Encapsulates Which

question 6

Multiple Choice

The definition of appropriation in s3(1) Theft Act 1968 encapsulates which of the following:

• A) That D must actually take something.
• B) That D must assume a right of ownership.
• C) That D must obtain something without the owner's consent.
• D) That D will not appropriate until s/he deals with it as an owner.

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Definitions:

Opportunity Cost

Waiving prospective gains from various alternatives by settling on one option.

Foregone Alternative

The option or course of action that is given up when another is chosen; closely related to the concept of opportunity cost.

Opportunity Cost

The charge of rejecting the following prime opportunity in the process of decision-making.

Sunk Costs

Sunk costs are expenditures that have already been incurred and cannot be recovered, and should not affect future investment decisions or operations.