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White Collar Crime Vocab

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. As new clients are made - their money is used to pay original investors






2. Time between check issuance and presentation






3. Certainty - severity - and celerity - How likely it is to be punished - How harsh that punishment will be - How quickly the punishment will be applied






4. Low or absent affect - Lack of empathy - Inability to form attachment - Able to appear outwardly normal






5. One person represents himself as another to monetary gain






6. Crimes committed by company






7. Manipulating - destroying or removing labels






8. United States industrialist who made a fortune in the oil business and gave half of it away (1839-1937)






9. Easiest way to make a fast buck - Greed is good - Fear of falling






10. Largest ponzi scheme in history






11. Easiest way to make a fast buck - Greed is good - Fear of falling






12. Certainty - severity - and celerity - How likely it is to be punished - How harsh that punishment will be - How quickly the punishment will be applied






13. Something about the organizational context induces otherwise good people to commit crimes or unethical acts






14. Deceptive activities that affect the welfare of securities






15. Excessive trade transaction to raise commission






16. A legislation designed to prevent business firms from gaining monopoly in their fields






17. Writing worthless checks and using finical institutions to conceal their true value






18. Big companies may benifit from regulatory laws but little companies don't make enough money to meet regulatory laws






19. A legislation designed to prevent business firms from gaining monopoly in their fields






20. Time between check issuance and presentation






21. Legally exploits security to test systems






22. Famously - Sutherland claimed that WC criminals do not suffer from psychological disorders






23. Individuals choose to commit crimes as a result of some calculus - Bounded rationality






24. Illegally exploits security for malicious purposes






25. Taking cash from a register - over charging customers or under ringing sales






26. Excessive trade transaction to raise commission






27. Adding or removing a substance






28. Legally exploits security to test systems






29. Bonds- debt paid back with interest Stocks - shares of company






30. Crimes Committed by legitimate businesses






31. Created 3 new crimes - Unauthorized access with intent to defraud - Malicious damages via unauthorized access - Trafficking in passwords with intent to defraud






32. (economics) a market in which there are many buyers but only one seller






33. One person represents himself as another to monetary gain






34. Crimes that benefit oneself - Crimes against their employee






35. Arab Scam or Abdul Scam - an FBI sting operation in which agents posed as rich oil sheiks and bribed members of Congress






36. Individuals choose to commit crimes as a result of some calculus - Bounded rationality






37. Largest ponzi scheme in history






38. Paper where Ford admitted safety problems in a design but rationalized it was cheaper to pay a law suit






39. Something about the organizational context induces otherwise good people to commit crimes or unethical acts






40. Arab Scam or Abdul Scam - an FBI sting operation in which agents posed as rich oil sheiks and bribed members of Congress






41. Writing worthless checks and using finical institutions to conceal their true value






42. Using the mails to complete criminal activity






43. As new clients are made - their money is used to pay original investors






44. Crimes that benefit oneself - Crimes against their employee






45. Said the free market - not the legal system is the best way to deal with business which harm people... govern themselves






46. Individuals have criminal tendencies that they import to the organizational context to commit both occupational and organizational crimes






47. Transactions involving $5000 or more in federal offenses






48. Illegally exploits security for malicious purposes






49. Monitors and regulates security transactions






50. Commitment to one's job should constrain crime - Hollinger and Clark (1983) found deviant workplace behavior increased when employees intended to leave their current job