For an Act to Be a Crime,the Intent and the Act

question 32

Multiple Choice

For an act to be a crime,the intent and the act must exist simultaneously.This is called

• A)mens rea.
• B)an inchoate offense.
• C)concurrence.
• D)actus reus.

---

Definitions:

Present Value

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

Compounded Quarterly

The process of calculating interest on both the initial principal and the accumulated interest of previous periods on a quarterly basis.

Compound Interest

The interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Present Value

The assessed current value of a future monetary amount or series of financial flows, at a given rate of return.