When a Piece of Evidence Is Referred to as "Material

question 29

Multiple Choice

When a piece of evidence is referred to as "material," "material" means:

• A)it is relevant and more than remotely connected to the fact.
• B)it is relevant to an important fact in the case.
• C)the prosecution cannot win a conviction without this piece of evidence.
• D)relevant and material are synonymous - any fact that is relevant is also material.

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Definitions:

Guaranteed Residual Value

The minimum value guaranteed by a lessor to a lessee regarding the asset's value at the end of the lease term.

Maintenance Agreement

A contract between a service provider and a customer outlining the terms for the maintenance and repair of equipment over a specified period.

Implicit Lease Rate

The interest rate embedded in a lease agreement that equates the value of lease payments to the fair value of the leased asset.

Incremental Borrowing Rate

The interest rate a lessee would have to pay if, instead of leasing, they financed the purchase of an asset with a loan over a similar term.