Which of the Following Is a Legal Definition of Crime

question 21

Multiple Choice

Which of the following is a legal definition of crime?

• A) certain behaviors that are against the moral code and thus labeled deviant by society
• B) an intentional act or omission in violation of criminal law committed without defense or justification and sanctioned by the state as a felony or misdemeanor
• C) moral principles that are used to determine right from wrong
• D) offenses that are defined as such in order to allow the justice system to dispense with them readily

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Definitions:

Expected Utility

A strategy in economics and game theory where individuals choose the option with the highest expected benefit, taking into account all future outcomes.

Risk-neutral

Refers to a mindset or condition where an individual or entity is indifferent to risk when making investment decisions, focusing instead on the potential returns without giving additional weight to the possibility of loss.

Expected Utility

a theory in economics that quantifies how choices are made when outcomes are uncertain, aiming to maximize the expected utility rather than merely the expected monetary value.

Marginal Utility

The additional satisfaction or benefit (utility) a consumer receives from consuming one more unit of a good or service.