A Vague Law That Does Not Clearly Define the Conduct

question 36

Multiple Choice

A vague law that does not clearly define the conduct it makes illegal is a violation of

• A)substantive due process
• B)procedural due process
• C)the First Amendment
• D)stare decisis

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Definitions:

Cash Payback Method

A capital budgeting technique that calculates the time required to recoup the cost of an investment, based on the cash inflows generated by the investment.

Net Cash Inflows

The difference between all cash received and all cash payments over a period, reflecting the net change in cash position.

Fixed Asset

Long-term tangible assets, such as machinery, buildings, and land, used in the operation of a business that are not expected to be consumed or converted into cash within a year.

Net Income

The net income of a company, which is the remaining amount of total revenues after deducting all expenses, taxes, and costs.