Which of the Following Is the Goal of Post-Conviction Strategies

question 34

Multiple Choice

Which of the following is the goal of post-conviction strategies used by white-collar offenders?

• A) to make oneself judgment-proof
• B) to ensure that no further legal actions are faced
• C) to protect oneself from being financially sued in the future
• D) to avoid payment of restitution

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Definitions:

Self-Employment Income

Income generated from business or trade activities where there is no employer-employee relationship, requiring the payer to file taxes independently.

Ordinary Income

Income earned from providing services, including wages, salaries, tips, and commissions, as well as income from investments that are not considered capital gains.

Nondeductible Items

Expenses or items that cannot be subtracted from gross income to reduce taxable income according to tax laws.

Partnership Interest

An ownership share in a partnership that entitles the holder to a portion of the entity's profits and losses.