County Jails Are Employed for All of the Following Purposes

question 12

Multiple Choice

County jails are employed for all of the following purposes in Texas except to

• A) house persons arrested pending trial, and have been denied bond.
• B) confine persons convicted of misdemeanor criminal offenses.
• C) house inmates convicted of felonies pending transfer to state facilities.
• D) confine persons who are unable to pay their civil debts.

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Definitions:

Loss

This occurs when expenses exceed revenues, or when the selling price of an asset is less than its purchase price, resulting in a negative financial outcome.

Long Position

An investment strategy where an investor buys securities with the expectation that they will increase in value.

Commodity Futures

Financial contracts obligating the buyer to purchase an asset, or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.

Price

The amount of money or its equivalent paid or charged for something, often determined by supply and demand.