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Business Law 101: Crimes Related to Business Quiz

Authored by Kirk Peterson

Social Studies

9th - 12th Grade

Used 1+ times

Business Law 101: Crimes Related to Business Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which federal law is aimed at preventing racketeering?

Sherman Antitrust Act

RICO Act

Clean Air Act

Foreign Corrupt Practices Act

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of antitrust laws?

To encourage price fixing

To prevent market domination

To restrain trade

To promote monopolies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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