Test your basic knowledge |

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. Crimes Committed by legitimate businesses






3. Deceptive activities that affect the welfare of securities






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






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






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






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






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






9. Deceiving consumers with inaccurate claims






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






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






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






13. Transactions involving $5000 or more in federal offenses






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






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






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






17. 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






18. Excessive trade transaction to raise commission






19. 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






20. Crimes that benefit oneself - Crimes against their employee






21. Transactions involving $5000 or more in federal offenses






22. Deceiving consumers with inaccurate claims






23. Federal agency that protects the environment






24. Federal agency that protects the environment






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






26. One person represents himself as another to monetary gain






27. Largest ponzi scheme in history






28. Manipulating - destroying or removing labels






29. Time between check issuance and presentation






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






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






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






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






34. Excessive trade transaction to raise commission






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






36. Crimes Committed by legitimate businesses






37. Legally exploits security to test systems






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






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






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






41. Monitors and regulates security transactions






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






43. Largest ponzi scheme in history






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






45. Jurisdictions over false advertising






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






47. Jurisdictions over false advertising






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






49. Crimes committed by company






50. Illegally exploits security for malicious purposes