When It Comes to Catching and Prosecuting Shoplifters

question 69

Multiple Choice

When it comes to catching and prosecuting shoplifters:

• A)there is only a 1 in 100 chance a shoplifter will go before a judge.
• B)nearly ½ of all shoplifters are caught and prosecuted.
• C)women and juveniles are most frequently caught,nearly 98% of the time.
• D)the store owner or employees must catch the shoplifter in the store to make the charges stick.

---

Definitions:

Income Tax Rate

The percentage at which an individual or corporation is taxed on their income, which can vary depending on the level of income earned and jurisdiction.

Goodwill

A non-physical asset that is recognized when one business purchases another at a price higher than the combined fair market value of its physical and recognizable non-physical assets.

Bonds Payable

A liability companies incur when issuing debt securities to investors, repayable at a future date.

Fair Value

An estimation of the price at which an asset or liability could be traded in an orderly transaction between knowledgeable, willing parties.