A ______ Is Designed to Provide a Transitional Living Arrangement

question 32

Multiple Choice

A ______ is designed to provide a transitional living arrangement for ex-offenders upon their release from jail or prison.

• A)work release program
• B)day reporting center
• C)halfway house
• D)house arrest program

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Definitions:

Preference Shares

Preference shares are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Ordinary Shares

Shares that have no specific rights to any distributions of profit by the company. Ordinary shareholders obtain what is left after all other parties’ claims have been met.

Liquidation

The process of converting assets into cash or paying off liabilities in order to close down a business.

Liquidations

The process of winding up a company's financial affairs by selling off assets to pay creditors and distribute any remaining assets to shareholders.