Probable Cause Is the Reasonable Suspicion,based on Evidence,that a Search

question 49

True/False

Probable cause is the reasonable suspicion,based on evidence,that a search will uncover contraband.

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Definitions:

Outstanding Shares

Represents the total number of shares of a corporation's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s insiders.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability protection of a corporation.

Partnership

An association of two or more persons to carry on a business for profit.

Corporation

A legal entity recognized by law, distinct from its owners, with rights to own property, sue, and be sued.