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White Collar Crime

Subjects : law, business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Gaining unauthorized access to computer system - file or network by using their specialized knowledge of computers






2. Refers to monogrammed clothing - wallets - jewelry - personally modified tools






3. Large corporations taking advantage of political corruption - the absence or paucity of regulatory controls - and the desperation for economic enterprise characteristic of many developing nations






4. Goods and supplies that are delivered and paid for but cannot be accounted for by sales or stockroom surveys [because the items disappeared]






5. Refers to a type of Employee Crime: known as cheating or swindling






6. An intrauterine birth control device in the 1960's in which it was discovered that bacteria was traveling up the wick of the device into the womb.






7. Kenneth Lay - Jeffery Skilling - Andy Fastile - Luis Barget

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8. The corporate empires of the robber barons (for example: Rockefeller - Carnegie - Vanderbilt - Gould - and Frick) of the second half of the 19th century were involved in every manner of bribery - fraud - stock manipulation - predation against competi






9. Refers to a type of Employee Crime: known as theft through misrepresentation






10. Hospitals have defraud the government of billions of dollars annually through Medicaid and Medicare. [upcoding - service never performed - kickbacks - and self-referrals]






11. Activities deviating from norms of employers - professional associations - or coworkers within an occupational setting - such as malingering or sexual harassment






12. Food - transport - medical






13. Corporations used to annihilate their competitors by undercutting their price and by pressuring dealers - sales agents - unions - and other parties not to work with their competitors






14. 1/3 of the us adult population has been victimized by some form of consumer fraud - Estimated costs over $100 billion annually - Major causes of this large degree of victimization - Advances in technology (faceless perceptions and victims) - Globaliz






15. A type of Employee Crime: the destruction or fraudulent appropriation of another's money which has been entrusted to one's care






16. High returns are promised - Some early investors may receive payoffs - but most of the invested money is spent by the perpetrators






17. Cheating employees out of overtime pay (Wal-Mart) - Denying workers their pensions (Police Agency) - and Extortion (falsely accusing employees of theft to comp their pay






18. Refers to plagiarism - embezzlement of university discretionary funds - forgery - claims about credentials






19. Internal computer crimes (sabotaging programs) - Telecommunications crimes (hacking) - Computer manipulation crimes (embezzlements and fraud) - Computers in support of criminal enterprises - Hardware / software thefts (corporate level mainly)






20. White hats are good. Black hats are bad






21. For lying about a stock sale conspiracy - and obstruction of justice.






22. Directing patients to the clinic's pharmacy to fill unneeded prescriptions






23. Refers to buying or selling a security - in breach of a fiduciary duty or other relationships of trust and confidence - while in possession of nonpublic information about the security






24. Galleon Hedge Fund Case was one of the largest hedge funds in the world managing over $7 Billion. - Believed to have obtained inside information from a number of companies - Advanced Micro Devices Inc. - Goldman Sachs Group - Intel Corporation - Raj






25. 'offenses committed by either corporate officials or the corporation itself - which benefit their corporation'






26. Pilfering - Chiseling - Fraud - Embezzlement






27. Refers mainly to basic - bulky components and tools






28. The Madoff ponzi scheme was surely the largest in history to date [Started in the 1990s and defrauded thousands of investors of recorded $65 Billion]






29. Refers to a type of Employee Crime: known as petty theft






30. Send you to a different place when they could have diagnosed it themselves






31. Major corporations cost US taxpayers huge amounts by evading their fair share of the tax burden






32. Manipulation of products - Short weighing - Bait-and-switch - Collection of taxes on nontaxable items [auto shop labor] - Wage theft






33. Billing for unnecessary tests and services - is the most common form of medical fraud and it is extremely difficult to prove and prosecute






34. In the Anglo-American tradition - the earliest corporations were churches - towns - guilds and universities - 'town saloon'. Over time - these corporations were recognized as trusts with legal control over certain property. These trading corporations






35. Price gouging or systematic overcharging - have also been directed at various industries and corporations when they take advantage of especially vulnerable classes of consumers or circumstances such as shortages. Many states prohibit price gouging by






36. Its when a corporation commits criminal offences that are non-violence but have vast political and economic consequences. Sutherland






37. 1. It is indirect in the sense that victims are not assaulted by another person 2. The effects of corporate violence are removed in time from the action that caused the harm 3. Involves a large number of individuals acting collectively - which causes






38. Ponzi Schemes has (no a product) - While a Pyramid Scheme (has a product






39. Corporations operating in third-world countries include highly hazardous and dangerous working conditions at industrial facilities; exportation of unsafe products






40. A case in which the Ford company placed the gas tank in the rear of the car to save money on engineering costs. When the car was involved in rear-end collisions the gas tank exploded - burning some people to death






41. Corporate Officials - Directors and Mangers - Outsiders who are 'tipped' [CEO tips family members - 'it going to be a bad month'] - Bankers - accountants and lawyers who provide services with confidential information about securities being traded - [






42. At one point the most-wanted computer criminal in the U.S. and was convicted of various computer and communications related crimes






43. Let the buyer beware - has traditionally regulated the relationship between buyers and sellers






44. Corporations are increasingly controlled by paper entrepreneurs - or investors who are principally concerned with short-term profit. These investors are far less likely to be strongly committed to product development of to the local communities in wh






45. Is the act of manipulating people into performing actions or divulging confidential information - rather than by breaking in or using technical cracking techniques






46. A producer of asbestos products which was later found linked to an ultimately fatal lung disease resulting from exposure to asbestos. Manville had internal medical reports of asbestosis among its workers; however - based on cost-benefit analysis - it






47. A Corporation that ruthlessly undercut virtually all competitors in order to obtain control 95% of the market.






48. Pyramid Scheme (has product) - A variant of a Ponzi Scheme - Involves recruiting other people into the business in other to sustain profit rather them a truly profitable enterprise [MonVie Acai Berry juice






49. They are the top people in the corporate world - government - and military whom have 'interlocks' - or a complex network of ties - that enable them to advance their interrelated interests and move quite easily between high-level private- and public-s






50. Refers to lawyers engaging in criminal conduct in the course of discharging their professional duties