Gottfredson and Hirschi's General Theory of Crime Holds That What

question 36

Multiple Choice

Gottfredson and Hirschi's General Theory of Crime holds that what is central in explaining why some people are pre-disposed to deviant acts while others are not?

• A)Involvement
• B)Commitment
• C)Parent-child relationship
• D)Self-Control
• E)Both A and B

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Definitions:

MM Model

Modigliani-Miller Model; a theory on capital structure that suggests the market value of a firm is determined by its earning power and the risk of its underlying assets.

Tax-Deductibility

Pertains to expenses that can be subtracted from gross income to reduce the total taxable income, thereby lowering the amount of tax owed.

Financial Leverage

Engaging borrowed assets to increase the anticipated yield from an investment.

Operating Leverage

The degree to which a company uses fixed operating costs, where a higher degree indicates that a small change in sales will have a larger impact on operating income.