Which of the Following Is True of Nolo Contendere

question 88

Multiple Choice

Which of the following is true of nolo contendere?

• A) It excuses a defendant from jail sentence.
• B) It allows the prosecutors to bring forth a civil and a criminal suit against the defendant.
• C) It imposes the cost of the trial on the defendant.
• D) It avoids criminal convictions forming a basis for civil suits.
• E) It allows the defendant to plead guilty in court and avoid jail sentence

Distinguish between the different types of entries (debit or credit) needed for various reconciliation items.

Analyze the effect of bank errors and the appropriate adjustments on the depositor’s books.

Understand the concept of outstanding checks and their impact on the cash balance.

Recognize the necessary adjustments for NSF (Not Sufficient Funds) checks and bank service charges.

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Definitions:

Deontologist

A philosopher or ethics scholar who believes in deontology, a theory that suggests actions are right if they are in accordance with a set of duties and rules.

Manufacturing Plant

A facility equipped with machinery for the processing and production of goods or materials.

Workers' Rights

A set of legal rights and claimed human rights having to do with labor relations between workers and their employers, usually obtained through collective bargaining and labor legislation.

Free Market Capitalism

An economic system where prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.