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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. 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






2. Deceptive activities that affect the welfare of securities






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






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






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






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






7. Deceptive activities that affect the welfare of securities






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






9. Federal agency that protects the environment






10. Using the mails to complete criminal activity






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






12. Manipulating - destroying or removing labels






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






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






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






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






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






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






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






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






21. Adding or removing a substance






22. Crimes committed by company






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






24. Transactions involving $5000 or more in federal offenses






25. Crimes committed by company






26. Crimes Committed by legitimate businesses






27. Excessive trade transaction to raise commission






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






29. Transactions involving $5000 or more in federal offenses






30. Adding or removing a substance






31. Deceiving consumers with inaccurate claims






32. Crimes that benefit oneself - Crimes against their employee






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






34. Manipulating - destroying or removing labels






35. Excessive trade transaction to raise commission






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






37. Monitors and regulates security transactions






38. Using the mails to complete criminal activity






39. Time between check issuance and presentation






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






41. One person represents himself as another to monetary gain






42. Jurisdictions over false advertising






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






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






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






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






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






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






49. Largest ponzi scheme in history






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