Which of the Following Statements Is True About the Federal

question 13

Multiple Choice

Which of the following statements is true about the Federal Sentencing Guidelines?

• A) They are designed to establish consistent sentences for homicides only.
• B) They require judges to arrive at a sentence by using a formula based on the seriousness and circumstances of the crime.
• C) They specifically mandate lenient penalties and faster trials for corporations dealing with white-collar crimes.
• D) They mandate a minimum one-month prison term for tax frauds.

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Definitions:

Competition

The rivalry among businesses to attract customers and achieve market dominance.

Quoting Prices

The action of providing a prospective customer with a price at which a seller agrees to sell goods or services.

Excess Capacity

The situation where a company's production facilities are capable of producing more than the demand for its products.

Variable Costs

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.