A Defense Based Upon A(n)__________ Renders Lawful Conduct That Would

question 25

Multiple Choice

A defense based upon a(n) __________ renders lawful conduct that would otherwise constitute a violation of the criminal law.

• A)affirmative defense
• B)true defense
• C)excuse
• D)justification

---

Definitions:

Listed Beta

A measure of an asset's volatility relative to the market as a whole, often used to assess risk.

True Beta

The measure of a stock's volatility and systematic risk in comparison to the overall market, considering the actual observed market movements.

Security-market Line

A graphical representation that shows the expected rate of return of an investment as a function of its beta, or systematic risk, relative to the market as a whole.

Capital-market Line

A line in the capital market theory that depicts the risk-return trade-off for efficient portfolios, showing that higher risk leads to higher expected return.