What Statute in California Changed Aspects of Three-Strikes Laws by Authorizing

question 5

Multiple Choice

What statute in California changed aspects of three-strikes laws by authorizing resentencing for offenders currently serving life sentences for a nonserious or nonviolent third-strike conviction?

• A) Proposition 66.
• B) Proposition 36 (2012).
• C) Brown v. Plata (2011).
• D) Proposition 36 (2002).

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Definitions:

Underwriting

The process where insurers or investment banks assess the risk and establish the terms of coverage or offering for insurance policies or financial instruments.

Bought Deal

A securities offering in which an investment bank buys the entire issue from the issuer and then resells it to investors.

Venture Capitalist

A venture capitalist is an investor who provides capital to startup companies and small businesses with perceived long-term growth potential in exchange for equity.

Red Herring

An initial prospectus submitted by a company to the Securities and Exchange Commission (SEC), typically associated with the company's first public offering.