Shopkeeper's Privilege Allows a Store Owner to Detain a Shopper

question 47

True/False

Shopkeeper's privilege allows a store owner to detain a shopper without suspicion that an incident has occurred.

---

Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, inventories, and other short-term liabilities.

Money Market Securities

Short-term financial instruments, typically with high liquidity and short maturities, traded in the money market.

Registration Statement

A set of documents, including a prospectus, filed with a regulatory body to register a company's securities for sale to the public.

Prospectus

A document disclosing the details of a security and the underlying business to prospective investors.