The Idea of Absolute Privilege Refers to the ______

question 46

Multiple Choice

The idea of absolute privilege refers to the ______.

• A) ability of reporters to print or broadcast anything they want
• B) ability of the very rich to hire lawyers to sue anybody who libels them
• C) ability of prosecutors to accuse defendants of crimes in court without risking libel
• D) the federal shield laws that allow a reporter to keep a source confidential
• E) way in which college students and professors can use small portions of a written work, as long as they use the proper citation

---

Definitions:

Warrants

Financial instruments that give the holder the right to buy the underlying stock of the issuing company at a specified price before a specified date.

Lenders

Individuals, institutions, or entities that provide funds to borrowers under the condition of repayment with interest within a specified timeframe.

Convertible Bond

A type of bond that can be converted into a predetermined number of shares of the issuing company's stock.

Straight Bond Value

The value of a convertible bond if it could not be converted into common stock.