When a Suspect Cannot Read or Write or Is Only

question 11

Multiple Choice

When a suspect cannot read or write or is only fluent in a foreign language,the investigator:

• A)may choose to record the statement.
• B)should insist that the suspect sign a written statement.
• C)should suggest that the suspect hold off on giving a verbal statement for the time being.
• D)assure the suspect that a written statement will contain only information given to the investigator.

Grasp the factors influencing a firm's level of receivables and the impact of credit policy on these levels.

Recognize the criteria for extending credit to new customers.

Comprehend the role and importance of a company’s collection policy.

Understand the use of trade credit and the information exchanged through credit bureaus.

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Definitions:

Materiality

The significance of information or an event in influencing decisions or actions based on its potential impact.

Innocent Misrepresentation

A false statement made by one party to another without knowing it was false, which may lead to the rescission of a contract.

Material

Important. In securities law, a fact is material if a reasonable person would consider it important in his decision to purchase shares or to vote shares.

Rescind

To withdraw, negate, or overturn a law, order, or agreement.