Business Law 101: Crimes Related to Business Quiz

What is a characteristic of white collar crimes?

• They are committed by business professionals.

• They are dependent on threats.

• They are always legal.

• They always involve physical violence.

What is the primary motivation behind white collar crimes?

• Desire for political power

• Desire for social recognition

• Desire for physical harm

• Desire for financial gains

Which of the following is an example of a Ponzi scheme?

• A company promising high returns using new investors' money

• A company committing tax evasion

• A company selling counterfeit goods

• A company involved in insider trading

What distinguishes embezzlement from larceny?

• Larceny involves returning the property.

• Embezzlement involves being entrusted with the property.

• Larceny involves taking property without permission.

• Embezzlement involves physical violence.

Which federal law is aimed at preventing racketeering?

• Sherman Antitrust Act

• RICO Act

• Clean Air Act

• Foreign Corrupt Practices Act

What is the purpose of antitrust laws?

• To encourage price fixing

• To prevent market domination

• To restrain trade

• To promote monopolies

Which act prohibits bribery payments by U.S. companies to foreign officials?

• Endangered Species Act

• Resource Conservation and Recovery Act

• Foreign Corrupt Practices Act

• Clean Water Act

What is money laundering?

• Investing in foreign markets

• Hiding money in offshore accounts

• Passing illegal money through legitimate businesses

• Stealing money from a company

Which of the following is NOT a federal law that can carry criminal penalties for environmental crimes?

• Comprehensive Environmental Response, Compensation and Liability Act

• Endangered Species Act

• Clean Air Act

• Sherman Antitrust Act

What is a requirement for commercial emails under anti-spam legislation?

• They must include false information.

• They must be sent anonymously.

• They must hide the sender's identity.

• They must include the sender's contact information.