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Assume that an applicable state statute makes it a crime for a private citizen to possess a machine gun.For approximately three weeks,officer Roy Holt had had probable cause to believe that Alex Hood,a private citizen,possessed an arsenal of machine guns in his apartment.Acting on this probable cause but without a warrant,Holt knocked on the door of Hood's apartment and asked Hood if he could come in to talk to him.Hood let Holt in.Then,without Hood's consent,Holt began searching the entire apartment.Holt found several machine guns in the bedroom closet.He arrested Hood for an alleged violation of the statute mentioned above.In a pretrial motion,Hood's attorney has asked that the court apply the exclusionary rule and suppress the evidence yielded by Holt's search of Hood's apartment.Should the evidence be suppressed?
Capital Requirement
The minimum amount of financial resources that a firm needs to conduct its business activities, often regulated in industries like banking.
Investment Banks
Financial institutions that assist individuals, corporations, and governments in raising capital by underwriting and/or acting as the client's agent in securities issuance.
Tax Deductibility
Refers to the ability to subtract an expense from one's taxable income, thereby reducing the overall tax liability.
Equity Loans
These are loans where the borrowed amount is secured by the borrower's equity in their property, typically a home.
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