Question 1

Of which of the following offenses,if any,is Alice guilty of by buying stock?

Accepted Answer

A)   She is guilty of insider trading because she tipped information.
B)   She is guilty of an insider-trading violation because she traded on tipped information.
C)   She is guilty of extortion.
D)   She is guilty of larceny.
E)   She is not guilty of any offense.F) C) and E)
G) C) and D)

Question 2

Which of the following is punishable by imprisonment for more than one year or death?

Accepted Answer

A)   Misdemeanor.
B)   Felony.
C)   Petty offenses.
D)   Tort offenses.
E)   Any business related crime.F) C) and D)
G) D) and E)

Question 3

Of which of the following,if any,is Sally guilty of by providing information to Alice regarding the purchase?

Accepted Answer

A)   She is guilty of an insider-trading violation by tipping the information.
B)   She is guilty of an insider-trading violation by being tipped.
C)   She is guilty of an insider-trading violation by both tipping and being tipped.
D)   She is guilty of criminal extortion.
E)   She is not guilty of any offense.F) A) and E)
G) None of the above

Question 4

Of which of the following must a defendant be informed before questioning?

Accepted Answer

A)   That the defendant must answer questions, or there will be a presumption of guilt at trial.
B)   That statements made to law enforcement before arraignment may not be used against the defendant in court.
C)   That the defendant has the right to consult an attorney before speaking to the police.
D)   That unless the defendant can afford any attorney, the defendant will not have an attorney.
E)   That the right to an attorney does not begin until after the defendant is arraigned.F) A) and C)
G) C) and E)

Question 5

Zack,the president of ABC Company,falsified documents to make it appear as if he had been granted stock options on certain dates,and he selected the dates after the fact,picking dates on which the stock price was low.Which of the following offenses,if any,did he commit?

Accepted Answer

A)   Insider trading
B)   Pretexting
C)   Defalcation
D)   Stock option backdating
E)   He did not commit any offenseF) A) and B)
G) None of the above

Question 6

The majority of the U.S.Supreme Court Berghuis v.Thompkins ruled that absent an explicit invocation of the right to remain silent,police may continue to interrogate a suspect,and what the suspect says may be used against him in court.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity?

Accepted Answer

A)   False entries
B)   Defalcation
C)   False pretenses
D)   Ponzi scheme
E)   PretextingF) All of the above
G) A) and D)

Question 8

Bank teller Ben receives $1,000 from a customer for deposit into the customer's bank account.Instead of placing the money into the customer's account,Ben puts it into his pocket.Which of the following offenses has he committed?

Accepted Answer

A)   Forgery
B)   False entries
C)   False token
D)   Embezzlement
E)   CrammingF) A) and E)
G) A) and D)

Question 9

By broadening the scope of actions covered and the definition of a public official,Congress amended the Foreign Corrupt Practices Act to conform to the antibribery convention adopted by the Organization for Economic Cooperation and Development.

Accepted Answer

A) True 
 B)False

Question 10

China punishes embezzlement and bank fraud less severely than the U.S.

Accepted Answer

A) True 
 B)False

Question 11

By mailing correspondence to patients encouraging purchase of the band,which of the following offenses,if any,did Dr.Fred commit?

Accepted Answer

A)   False pretenses
B)   Fraudulent use of transit
C)   Defalcation
D)   Mail fraud
E)   He is not guilty of any offenseF) A) and C)
G) A) and E)

Question 12

Which of the following is a term describing the wrongful state of mind needed for a criminal action?

Accepted Answer

A)   Mens rea.
B)   Actus reus.
C)   Res judicta.
D)   Stare decisis.
E)   Carpe diem.F) C) and D)
G) A) and E)

Question 13

Which of the following includes destruction of a building using an explosive device?

Accepted Answer

A)   Extortion
B)   Embezzlement
C)   Larceny
D)   Arson
E)   Criminal fraudF) A) and E)
G) A) and C)

Question 14

The primary purpose of criminal law is to compensate a victim.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following was created specifically to combat white-collar crime?

Accepted Answer

A)   The Sarbanes-Oxley Act.
B)   RICO.
C)   The False Claims Act.
D)   Section 1983.
E)   Section 1984.F) C) and D)
G) A) and E)

Question 16

Which amendment provides the right to a speedy and public trial?

Accepted Answer

A)   The Second Amendment.
B)   The Third Amendment.
C)   The Fourth Amendment.
D)   The Fifth Amendment.
E)   The Sixth Amendment.F) All of the above
G) C) and E)

Question 17

By which of the following acts,if any,did Dr.Fred commit health care fraud?

Accepted Answer

A)   Dr. Fred did not commit any acts of healthcare fraud.
B)   By the submission of false claims to Medicare only.
C)   By the receipt of kick-backs from Slick Slim only.
D)   By the submission of false claims to Medicare and also by the receipt of kick-backs from Slick Slim.
E)   By submitting false claims to Medicare, by receiving kick-backs from Slick Slim, and also by merely listening to what Slick Slim had to say.F) A) and E)
G) A) and B)

Question 18

Which of the following is an investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later investors?

Accepted Answer

A)   False entries
B)   False token
C)   False pretenses
D)   Ponzi scheme
E)   PretextingF) B) and D)
G) B) and C)

Question 19

Which of the following was the result in U.S.v.Ruiz,the case in the text involving the defending deputy superintendent of New Mexico's insurance division who was convicted of offenses including mail fraud after he told insurers that they could avoid paying the fines for violation of licensing requirements if they contributed to certain charities?

Accepted Answer

A)   That although the defendant violated certain laws, he did not violate the mail fraud statute because he did not himself mail fraudulent solicitations which is required for the offense of mail fraud.
B)   That although the defendant used the mail to provide the illegal option to insurers, that in and of itself was insufficient to establish mail fraud.
C)   That because the defendant used the mail to provide the illegal option to insurers, that in and of itself was sufficient to establish mail fraud.
D)   That proof that the defendant directed that donations be made directly to charities established the reasonably foreseeable result that the mail would be used which was sufficient evidence to support his conviction.
E)   That proof that the defendant directed that donations be made directly to charities established the reasonably foreseeable result that the mail would be used but that such foreseeability was insufficient to support his conviction.F) All of the above
G) A) and E)

Exam 7: Crime and the Business Community

The primary purpose of criminal law is to compensate a victim.

Correct Answer
verified

Which of the following is a term describing the wrongful state of mind needed for a criminal action?

Correct Answer
verified

Of which of the following,if any,is Sally guilty of by providing information to Alice regarding the purchase?

Correct Answer
verified

Which of the following is punishable by imprisonment for more than one year or death?

Correct Answer
verified

Of which of the following must a defendant be informed before questioning?

Correct Answer
verified

The majority of the U.S.Supreme Court Berghuis v.Thompkins ruled that absent an explicit invocation of the right to remain silent,police may continue to interrogate a suspect,and what the suspect says may be used against him in court.

Correct Answer
verified

By mailing correspondence to patients encouraging purchase of the band,which of the following offenses,if any,did Dr.Fred commit?

Correct Answer
verified

Which amendment provides the right to a speedy and public trial?

Correct Answer
verified

Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity?

Correct Answer
verified

China punishes embezzlement and bank fraud less severely than the U.S.

Correct Answer
verified

Correct Answer
verified

By broadening the scope of actions covered and the definition of a public official,Congress amended the Foreign Corrupt Practices Act to conform to the antibribery convention adopted by the Organization for Economic Cooperation and Development.

Correct Answer
verified

Which of the following was created specifically to combat white-collar crime?

Correct Answer
verified

Of which of the following offenses,if any,is Alice guilty of by buying stock?

Correct Answer
verified

Bank teller Ben receives $1,000 from a customer for deposit into the customer's bank account.Instead of placing the money into the customer's account,Ben puts it into his pocket.Which of the following offenses has he committed?

Correct Answer
verified

By which of the following acts,if any,did Dr.Fred commit health care fraud?

Correct Answer
verified

Which of the following is an investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later investors?

Correct Answer
verified

Zack,the president of ABC Company,falsified documents to make it appear as if he had been granted stock options on certain dates,and he selected the dates after the fact,picking dates on which the stock price was low.Which of the following offenses,if any,did he commit?

Correct Answer
verified

Which of the following includes destruction of a building using an explosive device?

Correct Answer
verified

Exam 7: Crime and the Business Community

The primary purpose of criminal law is to compensate a victim.

Correct AnswerverifiedShow Answer

Which of the following is a term describing the wrongful state of mind needed for a criminal action?

Correct AnswerverifiedShow Answer

Of which of the following,if any,is Sally guilty of by providing information to Alice regarding the purchase?

Correct AnswerverifiedShow Answer

Which of the following is punishable by imprisonment for more than one year or death?

Correct AnswerverifiedShow Answer

Of which of the following must a defendant be informed before questioning?

Correct AnswerverifiedShow Answer

The majority of the U.S.Supreme Court Berghuis v.Thompkins ruled that absent an explicit invocation of the right to remain silent,police may continue to interrogate a suspect,and what the suspect says may be used against him in court.

Correct AnswerverifiedShow Answer

By mailing correspondence to patients encouraging purchase of the band,which of the following offenses,if any,did Dr.Fred commit?

Correct AnswerverifiedShow Answer

Which amendment provides the right to a speedy and public trial?

Correct AnswerverifiedShow Answer

Which of the following is the misappropriation of trust funds or money held in a fiduciary capacity?

Correct AnswerverifiedShow Answer

China punishes embezzlement and bank fraud less severely than the U.S.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

By broadening the scope of actions covered and the definition of a public official,Congress amended the Foreign Corrupt Practices Act to conform to the antibribery convention adopted by the Organization for Economic Cooperation and Development.

Correct AnswerverifiedShow Answer

Which of the following was created specifically to combat white-collar crime?

Correct AnswerverifiedShow Answer

Of which of the following offenses,if any,is Alice guilty of by buying stock?

Correct AnswerverifiedShow Answer

Bank teller Ben receives $1,000 from a customer for deposit into the customer's bank account.Instead of placing the money into the customer's account,Ben puts it into his pocket.Which of the following offenses has he committed?

Correct AnswerverifiedShow Answer

By which of the following acts,if any,did Dr.Fred commit health care fraud?

Correct AnswerverifiedShow Answer

Which of the following is an investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later investors?

Correct AnswerverifiedShow Answer

Zack,the president of ABC Company,falsified documents to make it appear as if he had been granted stock options on certain dates,and he selected the dates after the fact,picking dates on which the stock price was low.Which of the following offenses,if any,did he commit?

Correct AnswerverifiedShow Answer

Which of the following includes destruction of a building using an explosive device?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified