Which of the Following Is a Requirement of the 'Principle

question 6

Multiple Choice

Which of the following is a requirement of the 'principle of legality'?

• A) Criminal offences should appear in statutes.
• B) Criminal offences should be defined clearly.
• C) Criminal offences should be punished adequately.
• D) Crimes should only concern illegal activity.

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Definitions:

Bond Indenture Agreement

A legal contract outlining the terms and conditions between a bond issuer and the bondholders, including details of the bond issue and covenants.

Interest Expense

The cost incurred by an entity for borrowing funds, typically represented as a line item on the income statement reflecting the interest payable on any borrowings.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.

Semi-Annual Interest

Interest payments made two times a year on a loan or investment.