A Mistake of Fact Is a Defence to a Criminal

question 114

True/False

A mistake of fact is a defence to a criminal charge if the mistake was an honest one and no offence would have been committed if the circumstances had been as the accused believed them to be.

Appreciate the importance of post-sale activities and relationship building.

Identify the different closing techniques used in sales.

Understand the key elements and effectiveness of assumptive closes.

Differentiate between alternative-choice and minor-points closes.

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Definitions:

Compounded Monthly

This refers to the process of calculating interest on an initial principal, which also includes all of the accumulated interest from previous periods on a loan or deposit, on a monthly basis.

Present Value

The present value of a future amount of money or sequence of cash flows when discounted at a certain rate of return.

Annual Investment

The total sum of money invested in a particular option or portfolio in a year.

Present Values

The current value of a future amount of money or stream of cash flows given a specified rate of return.