Someone Offers Adam,a College Student,a Great Deal on Cell Phones

question 18

Multiple Choice

Someone offers Adam,a college student,a great deal on cell phones.Adam suspects the phones are stolen,but purchases one for himself and one for his girlfriend anyway.How would the police classify Adam?

• A)an avocational receiver
• B)a professional fence
• C)a crime victim
• D)an amateur receiver

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Definitions:

Cost Of Capital

The rate of return a company must earn on its investments to maintain its market value and attract funds.

Lump Sum

A one-time payment made for a particular purpose, rather than recurring payments over time.

Future Value

The amount of money an investment is expected to grow to over a period of time when interest or dividends are reinvested.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.