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






2. Largest ponzi scheme in history






3. Crimes committed by company






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






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






6. Deceptive activities that affect the welfare of securities






7. Excessive trade transaction to raise commission






8. Deceiving consumers with inaccurate claims






9. 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






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






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






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






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






14. Excessive trade transaction to raise commission






15. Adding or removing a substance






16. Legally exploits security to test systems






17. Monitors and regulates security transactions






18. Manipulating - destroying or removing labels






19. One person represents himself as another to monetary gain






20. Transactions involving $5000 or more in federal offenses






21. One person represents himself as another to monetary gain






22. Crimes Committed by legitimate businesses






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






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






25. Deceiving consumers with inaccurate claims






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






27. Using the mails to complete criminal activity






28. Crimes Committed by legitimate businesses






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






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






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






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






33. Largest ponzi scheme in history






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






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






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






37. Legally exploits security to test systems






38. Time between check issuance and presentation






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






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






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






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






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






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






45. Crimes that benefit oneself - Crimes against their employee






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






47. Monitors and regulates security transactions






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






49. Using the mails to complete criminal activity






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