Distinguish between a felony, a misdemeanor, and a petty crime
What will be an ideal response?
Felonies include serious crimes such as murder or rape, and are punishable by death or imprisonment in a penitentiary. Defendants charged with a felony are entitled to a jury trial. Misdemeanors, which are considered less serious crimes, are punishable by a fine or by imprisonment of less than a year in a local jail. Examples of misdemeanors included assault (a threat to injure someone) and disorderly conduct. In most states, petty crimes are considered a subcategory of misdemeanors; they are punishable by a fine or incarceration for six months or less. A building code violation is an example of a petty crime.
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Each of the following is an impression management technique, except:
A) expression of innocence B) excuses C) justification D) entitlings
Social space is established in a selling situation when two people shake hands.
Answer the following statement true (T) or false (F)
Rashid purchased real estate known as Parcel A, subject to a preexisting mortgage, in favor of Local National Bank. Leila purchased real estate known as Parcel B, assuming a preexisting mortgage on it in favor of Local National Bank. After each purchase took place, there were defaults on the debts that gave rise to the mortgages. Although Local National Bank instituted and completed foreclosure proceedings with regard to each of the two mortgages, it did not yield enough funds to pay off the debt in full. Therefore, Local National Bank made demands on Rashid and Leila for payment of the deficiency owed on Parcel A and on Parcel B, respectively. Explain if Local National Bank is entitled to receive the deficiencies it seeks from Rashid and Leila.
What will be an ideal response?
Billings Company has developed the following budgeted income statement: Sales revenue (2,300 units × $14 sales price)$32,200 Total Variable cost (2,300 × $6 per unit) (13,800) Contribution margin$18,400 Fixed cost (10,000) Net income$8,400 The Company is experimenting with new engineering techniques and believes it can reduce variable cost to $4.50 per unit and significantly improve the product. The innovations would double fixed costs but the company expects to be able to increase sales to 3,500 units. If this strategy is pursued the company's budgeted net income will:
A. increase by $13,250. B. increase by $4,850. C. decrease by $4,150. D. decrease by $4,250.