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Officer Tom is executing a validly obtained search warrant in Kathryn's home.The warrant gives him the right to search every room in the house but is limited to a search for automatic weapons and handguns.When he walks into the kitchen he sees an open box filled with small plastic bags with small pills inside.A closer inspection reveals the pills to be ecstasy,an illegal narcotic.May Officer Tom seize the drugs even though the warrant did not include a search for drugs and would the drugs be admissible in court?
Compensation Expense
Costs associated with the wages, salaries, and benefits provided to employees, recorded on the income statement.
Service Period
The period of time over which employee services are rendered in exchange for an award, common in the context of stock compensation plans.
Stock Option Plan
A compensation scheme in which employees are given the option to purchase company stock at a discounted price, often used to align employees' interests with those of the shareholders.
Stock Options
Financial derivatives that confer the right, but not the obligation, to buy or sell shares of stock at a specified price within a certain time frame.
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