The guilty act required for a crime is also known as:
A) mala in se.
B) mala prohibita.
C) mens rea.
D) actus reus.
D
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Adjustment made when at the end of a period in which a company sold securities, to ensure that gains and losses are not counted twice in comprehensive income. Without such an adjustment, a company might report realized gains or losses as part of net income but also show the gains or losses as part of other comprehensive income in the current or previous periods. Companies generally report reclassification adjustments in the notes to the financial statements.
(a) underlying (b) option contract (c) documentation (d) reclassification adjustment
Which of the following is a characteristic of a general partnership?
A. The partners agreed to share in the profits and depths of the partnership B. I'll partners must be brokers C. There must be at least one limited partner D. The shareholders agreed to share in the profits and depths of the partnership