A Jury That Cannot Reach a Verdict and Becomes Hopelessly

question 41

True/False

A jury that cannot reach a verdict and becomes hopelessly deadlocked is known as a hung jury.

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Definitions:

CCA Class

Denotes the category of depreciable property a business asset falls into in Canada, determining the rate of depreciation for tax purposes.

Net Advantage to Leasing

The total financial benefit of leasing an asset, comparing the costs of leasing versus buying.

Resale Value

The estimated market value at which an asset can be sold in the future.