Vance Points a Gun at Workman and Threatens to Shoot

question 45

Multiple Choice

Vance points a gun at Workman and threatens to shoot him.Workman hits Vance,causing his death.Charged with homicide,Workman can successfully claim as a defense

• A)nothing.
• B)duress.
• C)entrapment.
• D)self-defense.

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Definitions:

Retained Earnings

The portion of net income not distributed to shareholders but reserved by the company to reinvest in its core business or to pay debt.

Du Pont Identity

A financial analysis framework that breaks down Return on Equity (ROE) into three component parts—profit margin, asset turnover, and financial leverage—providing insights into a company's operational efficiency.

ROE

Return on Equity, an indicator of financial efficiency determined by dividing the net income by the equity of shareholders.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.