FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 7: Crime and the Business Community

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

Essay

Review LaterAdd Note

Review Later

What elements are necessary to establish bribery of a public official?

Correct Answer

verified

In order to establish bribery of a publi...

View Answer

Show Answer

Question 22

Multiple Choice

Review LaterAdd Note

Review Later

Under the Sarbanes-Oxley Act, which of the following is not true?

A) It is a felony to willfully fail to maintain proper records of audits.
B) Audit and paperwork associated with the audit must be kept for at least 5 years.
C) Punishment can be up to 10 years imprisonment if audit paperwork is not kept for 5 years.
D) The punishment for securities fraud has been increased to 25 years.
E) If found in violation of securities fraud a person can be imprisoned for life.

F) A) and B)
G) A) and E)

Correct Answer

verified

Show Answer

Question 23

Multiple Choice

Review LaterAdd Note

[Camping profits] Eva is the vice president at Big Chain Camping Goods Store. She learns that the company is soon going to purchase a smaller chain of stores. It is expected that stock in Big Chain Camping Goods will rise dramatically at that point. Eva immediately buys a number of shares of her company's stock. She also tells her friend Claire about the expected purchase of stores. Claire wants to purchase stock in the company but lacks the funds with which to do so. Although she did not have the funds in Bank A, Claire decides to draw a check on Bank A and deposit the check in Bank B and then proceeds to write a check on Bank B to cover the purchase of the stock. Claire hopes that she would have sufficient funds to deposit before the check is presented for payment. -By her method of payment, Claire is guilty of which offense?

Of which of the following must a defendant be informed before questioning?

Discuss the four alternative ways, in addition to fines, to punish white-collar criminals discussed in the text. Discuss the pros and cons of each.

The term ________ or "guilty act" is used to describe the wrongful behavior in a criminal action.

Which of the following is true regarding the manner in which the exclusionary rule is derived from the U.S. Constitution?

Which of the following is an example of the imposition of strict liability?

Crimes that are less serious and are punishable by fines or imprisonment of less than one year are considered to be ________.

Corporations cannot be held criminally accountable for strict-liability offenses under current law.

[Party Business, Inc.] Lila, who is the president of Party Business, Inc., tells Isaiah that buying stock in Party Business, Inc. right now is a good idea. Isaiah is only casually acquainted with Lila and does not know that she is an officer of the corporation. He, however, acting on her information which he believes to be public knowledge, investigates the company somewhat and proceeds to buy some stock. Both Lila and Isaiah are charged with insider trading. -If Isaiah claims he was acting on Lila's information which he believed to be public knowledge, which defense could he claim?

[Party Business, Inc.] Lila, who is the president of Party Business, Inc., tells Isaiah that buying stock in Party Business, Inc. right now is a good idea. Isaiah is only casually acquainted with Lila and does not know that she is an officer of the corporation. He, however, acting on her information which he believes to be public knowledge, investigates the company somewhat and proceeds to buy some stock. Both Lila and Isaiah are charged with insider trading. -After trial, the jury found the prosecution had met its burden of proof by a preponderance of the evidence. Did the jury apply the correct standard of proof?

White-collar crimes are often committed by employees against a business.

Which of the following is the secretive and wrongful taking and carrying away of the personal property of another with the intent to permanently deprive the rightful owner of its use or possession?

Explain the type of conduct generally referenced by the term "criminal fraud" and list the three elements generally involved in establishing criminal fraud.

The misappropriation of trust funds or money held in a fiduciary capacity is which of the following?

The ________ specifically provides the right to a speedy and public trial.

Which of the following is not an element of criminal fraud?

Penny and Theodore comprise a scheme whereby Penny will send information to Theodore in regards to the moves her telecommunications company is making when she learns about it in their company's internal strategy meeting so he can make a better stock trade. This is known as ________.

Which of the following requires a "pattern"?