SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
White Collar Crime
Start Test
Study First
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. 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
Fraud
Strategic bankruptcy
Corporate transgressions
Difference between a Ponzi Schemes and a Pyramid Scheme
2. 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
Occupational Deviance
Parallel pricing
Holtfreter - Van Slyke and Blomberg - 2006
Raj Rajaratnam
3. 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
Finance crime
Social Engineering
Holtfreter - Van Slyke and Blomberg - 2006
Paper entrepreneurs
4. Refers mainly to small - inexpensive - and expendable components and tools such as nails - bolts - scrap metals - pliers - and drill bits.
Economic exploitation of employees
Embezzlement
Property of uncertain ownership
Corporate fraud
5. Refers to illegal activity that occurs in the world of finance and financial institutions [Can be committed to benefit financial institutions - such as banks - or for the benefit of individuals - such as investment bankers.]
Paper entrepreneurs
Insider trading
Caveat Emptor
Finance crime
6. Is the act of manipulating people into performing actions or divulging confidential information - rather than by breaking in or using technical cracking techniques
Caveat Emptor
Ping-ponging
Corporate fraud
Social Engineering
7. Ponzi Schemes has (no a product) - While a Pyramid Scheme (has a product
Difference between a Ponzi Schemes and a Pyramid Scheme
Strategic bankruptcy
Insider trading
Role of the corporation in modern society
8. Refers to illegal activity that occurs in the world of finance and financial institutions
Occupational Deviance
Insider trading
Financial Crime
Love Canal
9. Send you to a different place when they could have diagnosed it themselves
Ping-ponging
Parallel pricing
Finance crime
Difference between a Ponzi Schemes and a Pyramid Scheme
10. 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
Corporate transgressions
Caveat Emptor
Ford Pinto
What Martha Stewart was jailed for
11. Its when a corporation commits criminal offences that are non-violence but have vast political and economic consequences. Sutherland
Personal Property
Corporate fraud
Manville case
Pilfering
12. 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
Health Care Fraud
Corporate stealing from employees
Ping-ponging
Manville case
13. Your whole family should come in for something that's not that serious]
Fraud
Monopoly
Raj Rajaratnam
Family ganging
14. Food - transport - medical
Monopoly
S&L Crisis
Various forms of corporate violence that are directed at the public
Corporate fraud
15. Was perhaps the single most famous example of a corporation that ruthlessly undercut virtually all competitors]
Role of the corporation in modern society
Chiseling
Standard Oil Corporation - presided over by John D. Rockefeller
Corporate stealing from employees
16. Corporations operating in third-world countries include highly hazardous and dangerous working conditions at industrial facilities; exportation of unsafe products
Transnational corporations
Strategic bankruptcy
Difference between a Ponzi Schemes and a Pyramid Scheme
Power elite ...
17. A Corporation that ruthlessly undercut virtually all competitors in order to obtain control 95% of the market.
Conflict of Interest
Monopoly
Holtfreter - Van Slyke and Blomberg - 2006
Why commit Sabotage
18. 1980s dubbed as the 'biggest bank robbery' ever - S&Ls offered unrealistically high interest rates to attract large sums of money - money invested was then lent to developers engaged in highly speculative (risky) projects; which bound to go broke unl
Love Canal
ImClone Case? Individual involved?
S&L Crisis
Ford Pinto
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)
Technocrime Five types
Monopoly
Corporate stealing from employees
Ford Pinto
20. A situation in which the interests of a person whom serves in their professional role conflict with that person's own private interests as an individual
Medical Crime
Predatory pricing
Paper entrepreneurs
Steering
21. Refers mainly to basic - bulky components and tools
Corporate fraud
Predatory pricing
Company Property
Health Care Fraud
22. 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
Ponzi scheme largest in history to date
Pilfering
Robber barons
Ponzi Schemes (no product
23. 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
Types of Employee Crime
Corporate stealing from employees
Fraud
Academic Crime
24. 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
Personal Property
Insider trading
Technocrime Five types
Who commits insider trading
25. 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
Legal Crime
Power elite ...
Embezzlement
Ponzi scheme largest in history to date
26. Decreasing the number of high-wage union jobs - reducing wages of US workers - hiring illegal immigrants and the use of offshore plants for cheap workers
Ponzi scheme largest in history to date
S&L Crisis
Kevin Mitnick
Economic exploitation of employees
27. Gaining unauthorized access to computer system - file or network by using their specialized knowledge of computers
Different types of hackers
Hacking
Medical Crime
Corporate crime
28. 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
Caveat Emptor
Medical Crime
Historical development of the corporation and corporate crime
Steering
29. Corporations with contracts to provide goods and services to the government. [Halliburton no-bid contracts]
Insider trading
Health Care Fraud
The Dalkon Shield
Defense Contract Fraud
30. Pilfering - Chiseling - Fraud - Embezzlement
Social Engineering
Types of Employee Crime
Inventory Shrinkage
Raj Rajaratnam
31. Karl Marx recognized dark side to most corporations. Marx regarded corporations as a capitalist system that exploits and dehumanizes workers and deprives them of a fair return on their labor. The pursuit of profit is the principle rational for the co
Difference between a Ponzi Schemes and a Pyramid Scheme
Role of the corporation in modern society
Types of Employee Crime
Technocrime Five types
32. 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
Ponzi scheme largest in history to date
Holtfreter - Van Slyke and Blomberg - 2006
Pyramid Schemes
S&L Crisis
33. Refers to plagiarism - embezzlement of university discretionary funds - forgery - claims about credentials
Academic Crime
Power elite ...
Inventory Shrinkage
Corporate crime
34. A situation in which the interests of a person whom serves in their professional role conflict with that person's own private interests as an individual
Conflict of Interest
Robber barons
Predatory pricing
Economic exploitation of employees
35. For lying about a stock sale conspiracy - and obstruction of justice.
What Martha Stewart was jailed for
Hacking
Ping-ponging
Robber barons
36. Major corporations cost US taxpayers huge amounts by evading their fair share of the tax burden
Corporate Tax Evasion
Legal Crime
Manville case
The Dalkon Shield
37. 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]
Role of the corporation in modern society
Ponzi scheme largest in history to date
Medical Crime
Corporate stealing from employees
38. 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
Conflict of Interest
Financial Crime
Predatory pricing
What Martha Stewart was jailed for
39. Refers to monogrammed clothing - wallets - jewelry - personally modified tools
Pyramid Schemes
Ford Pinto
Parallel pricing
Personal Property
40. Let the buyer beware - has traditionally regulated the relationship between buyers and sellers
Caveat Emptor
Transnational corporations
Holtfreter - Van Slyke and Blomberg - 2006
How Corporate violence differs from conventional interpersonal violence
41. Activities deviating from norms of employers - professional associations - or coworkers within an occupational setting - such as malingering or sexual harassment
Occupational Deviance
S&L Crisis
Defense Contract Fraud
Manville case
42. The Hooker Chemical Corporation bought the canal; drained it - and began dumping metal drums filled with highly toxic chemical wastes. Eventually the property was acquired by a local school board - and both a school and residential neighborhood were
Ford Pinto
Love Canal
Different types of hackers
Corporate fraud
43. Crime that is defined as illegal or harmful conduct committed specifically in the context of their religious entity such as a religious leader may generate a bottomless donation basket for gullible believers to offer money which is used for corrupt p
Occupational Deviance
Corporate crime
Religious Crime
Finance crime
44. Directing patients to the clinic's pharmacy to fill unneeded prescriptions
Predatory pricing
Ponzi Schemes (no product
Steering
Insider trading
45. Refers to lawyers engaging in criminal conduct in the course of discharging their professional duties
Pilfering
Legal Crime
Steering
Difference between a Ponzi Schemes and a Pyramid Scheme
46. Goods and supplies that are delivered and paid for but cannot be accounted for by sales or stockroom surveys [because the items disappeared]
Company Property
Transnational corporations
Different types of hackers
Inventory Shrinkage
47. 'offenses committed by either corporate officials or the corporation itself - which benefit their corporation'
Financial Crime
Types of Retail Crime
Religious Crime
Corporate crime
48. High returns are promised - Some early investors may receive payoffs - but most of the invested money is spent by the perpetrators
Ponzi Schemes (no product
Strategic bankruptcy
Technocrime Five types
Company Property
49. 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
Holtfreter - Van Slyke and Blomberg - 2006
Who commits insider trading
Personal Property
Defense Contract Fraud
50. Billing for unnecessary tests and services - is the most common form of medical fraud and it is extremely difficult to prove and prosecute
Pilfering
Ponzi scheme largest in history to date
Medical Crime
Overutilization