What Is the Distinction Between Insanity and Competency or Fitness

question 162

Multiple Choice

What is the distinction between insanity and competency or fitness to stand trial?

• A)Insanity is more serious than incompetency.
• B)Competency, but not insanity, concerns persons accused of a crime.
• C)Someone found competent to stand trial cannot also be found insane.
• D)Insanity and competency concern different points in time during which the person's mental state is being questioned.

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Definitions:

Par Value

The nominal or face value of a stock or security at issuance, which may not reflect its actual market value.

Common Stock

A type of equity security that represents ownership in a corporation, with holders typically having voting rights and entitlement to dividends.

No-par Value

Refers to stocks issued without a nominal or face value, where the market value is determined by investor demand.

Legal Capital

The minimum amount of capital that a company must maintain as required by law, often to protect creditors.