Wrongfully Convicted Individuals in the State of Texas Can Receive

question 11

Multiple Choice

Wrongfully convicted individuals in the state of Texas can receive a lump sum of ________ for each year they wrongfully served prison time, plus some additional yearly payments of up to ________ per year.

• A) $50,000; $50,000
• B) $75,000; $100,000
• C) $80,000; $80,000
• D) $80,000; $100,000
• E) $100,000; $100,000

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Definitions:

Sunk Cost

Costs that are already spent and cannot be retrieved or reimbursed.

Unrecoverable Cost

Expenses that have been incurred and cannot be recovered or refunded, also known as sunk costs.

Cash Flows

The total amount of money being transferred into and out of a business, project, or financial product.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation used for tax purposes in the United States to recover the cost of tangible property over its useful life.