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When segmenting broad product-markets, cost considerations tend
Felony
A serious crime usually punishable by imprisonment for more than one year or by death.
Misdemeanor
A crime that is less serious than a felony and is punishable by a fine and/or imprisonment for less than one year.
Probable Cause
A reasonable ground for belief in the existence of facts warranting certain actions, such as the issuance of a warrant.
Nolo Contendere
A legal plea whereby a defendant in a criminal case does not admit guilt but also does not dispute the charges, allowing for a conviction without an admission of guilt.
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