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






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






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






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






5. Trading securities based on information that is not public knowledge






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






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






8. Deceiving consumers with inaccurate claims






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






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






11. Deceptive activities that affect the welfare of securities






12. Crimes committed by company






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






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






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






16. Illegal activity using phone - Television - cable - or rodeo lines






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






18. Time between check issuance and presentation






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






20. Deceptive activities that affect the welfare of securities






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






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






23. Federal agency that protects the environment






24. Excessive trade transaction to raise commission






25. Illegally exploits security in good will or jut for fun (for the lulz)






26. Federal agency that protects the environment






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






28. Transactions involving $5000 or more in federal offenses






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






30. Crimes committed by company






31. Illegal activity using phone - Television - cable - or rodeo lines






32. Manipulating - destroying or removing labels






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






34. Illegally exploits security for malicious purposes






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






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






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






38. Illegally exploits security in good will or jut for fun (for the lulz)






39. Monitors and regulates security transactions






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






41. 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






42. Using the mails to complete criminal activity






43. Time between check issuance and presentation






44. Adding or removing a substance






45. Transactions involving $5000 or more in federal offenses






46. Trading securities based on information that is not public knowledge






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






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






49. One person represents himself as another to monetary gain






50. Largest ponzi scheme in history