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






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






3. Deceptive activities that affect the welfare of securities






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






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






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






7. Deceiving consumers with inaccurate claims






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






9. Deceiving consumers with inaccurate claims






10. Legally exploits security to test systems






11. Using the mails to complete criminal activity






12. Deceptive activities that affect the welfare of securities






13. Crimes Committed by legitimate businesses






14. Transactions involving $5000 or more in federal offenses






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






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






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






18. Adding or removing a substance






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






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






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






22. Time between check issuance and presentation






23. Illegally exploits security for malicious purposes






24. Federal agency that protects the environment






25. 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






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






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






28. Largest ponzi scheme in history






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






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






31. Transactions involving $5000 or more in federal offenses






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






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






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






35. Manipulating - destroying or removing labels






36. Crimes Committed by legitimate businesses






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






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






39. Excessive trade transaction to raise commission






40. Federal agency that protects the environment






41. Crimes committed by company






42. Manipulating - destroying or removing labels






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






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






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






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






47. Crimes that benefit oneself - Crimes against their employee






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