A Person's Intent to Return Embezzled Property-Or Its Actual Return-Is

question 22

True/False

A person's intent to return embezzled property-or its actual return-is not a defense to the crime of embezzlement.

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Definitions:

Money

An officially issued legal tender typically consisting of coins and banknotes that is used as a medium of exchange, unit of account, or store of value.

Present Value

Today's worth of money or cash flows that are expected to be received in the future, considering a certain rate of profitability.

Compound Interest

The process of calculating interest not only on the principal amount but also on accumulated interest from earlier time frames of a deposit or loan.

Capital Investment

Funds spent by a firm to acquire or upgrade physical assets such as property, industrial buildings, or equipment.