Question 1

The failure to give Miranda warnings is fatal to a case.

Accepted Answer

A) True 
 B)False

Question 2

In criminal procedure,the initial appearance:

Accepted Answer

A) is the preliminary hearing. 
B) is where bail is set. 
C) follows the grand jury proceedings. 
D) is where a plea is entered. 
A) is the preliminary hearing. 
B) is where bail is set. 
C) follows the grand jury proceedings. 
D) is where a plea is entered.

Question 3

RICO applies to:

Accepted Answer

A) only organized crime. 
B) only physical force crimes. 
C) racketeering activity. 
D) only obstruction of justice. 
E) none of the above 
A) only organized crime. 
B) only physical force crimes. 
C) racketeering activity. 
D) only obstruction of justice. 
E) none of the above

Question 4

Ann McEachron is an administrative assistant at a large international accounting firm.Her supervisor has asked her to destroy boxes of documents from an audit the firm conducted 2 years ago.The firm generally keeps records for 7 years,because of potential tax liability and issues,but it has destroyed documents earlier in cases in which the amount of paperwork becomes overwhelming.Ann wonders about the request,but complies with her supervisor's order.
​The company that was the subject of the audit is currently under criminal investigation and the partner in the accounting firm who conducted the audit is aware of that investigation.
​It is a federal crime to destroy documents that are involved in or could potentially be involved in either a civil or criminal investigation.Evaluate the criminal liability of Ann,her supervisor and the partner for the destruction of the documents.Would your answer be different if Ann had read in the newspaper about the criminal investigation of the company?

Accepted Answer

The issue is whether Ann and her supervi

Question 5

Most RICO charges involve:

Accepted Answer

A) mail fraud, wire fraud or securities fraud. 
B) organized crime. 
C) wage tax violations. 
D) individuals and not companies. 
A) mail fraud, wire fraud or securities fraud. 
B) organized crime. 
C) wage tax violations. 
D) individuals and not companies.

Question 6

The U.S.Justice Department has entered into a deferred prosecution agreement with several U.S.banks on charges of mortgage fraud.The agreements provide that if the banks stay out of legal difficulties for five years then the charges will be dropped.The banks agreed to have monitors in place during the five years and pay a fine.Which of the following best describes what has been done by these arrangements with the banks?

Accepted Answer

A) A guilty plea has been entered. 
B) A nolo contendere plea has been entered. 
C) There has been a finding of innocence. 
D) The parties have a corporate integrity agreement. 
A) A guilty plea has been entered. 
B) A nolo contendere plea has been entered. 
C) There has been a finding of innocence. 
D) The parties have a corporate integrity agreement.

Question 7

SOX is the shorthand for the Sarbanes-Oxley business crime legislation.

Accepted Answer

A) True 
 B)False

Question 8

The purpose of the initial appearance is to:

Accepted Answer

A) issue an indictment against the defendant. 
B) set the terms of release (if any). 
C) allow the judge to issue an information. 
D) provide the defendant with the opportunity to appear before the grand jury. 
A) issue an indictment against the defendant. 
B) set the terms of release (if any). 
C) allow the judge to issue an information. 
D) provide the defendant with the opportunity to appear before the grand jury.

Question 9

Which of the following is not an element of criminal fraud?

Accepted Answer

A) a false material statement 
B) reliance by the buyer 
C) a mistake by the seller 
D) All of the above are elements. 
A) a false material statement 
B) reliance by the buyer 
C) a mistake by the seller 
D) All of the above are elements.

Question 10

The failure to follow crime prevention programs can result in harsher sentences under the U.S.corporate sentencing guidelines.

Accepted Answer

A) True 
 B)False

Question 11

Mens rea is:

Accepted Answer

A) the actual criminal act. 
B) not required for proof of a crime. 
C) only required for common-law crimes. 
D) none of the above 
A) the actual criminal act. 
B) not required for proof of a crime. 
C) only required for common-law crimes. 
D) none of the above

Question 12

According to Arizona v.Gant,police officers:

Accepted Answer

A) may not search a vehicle when the owner is present. 
B) may search a vehicle with the driver's permission or with a warrant. 
C) may search a vehicle only with a warrant. 
D) may no longer search vehicles because it is an invasion of privacy. 
A) may not search a vehicle when the owner is present. 
B) may search a vehicle with the driver's permission or with a warrant. 
C) may search a vehicle only with a warrant. 
D) may no longer search vehicles because it is an invasion of privacy.

Question 13

Voluntary reporting of criminal violations reduces a company's fines under the federal sentencing guidelines.

Accepted Answer

A) True 
 B)False

Question 14

Corporate officers cannot invoke the Fifth Amendment for a corporation.

Accepted Answer

A) True 
 B)False

Question 15

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

Accepted Answer

A) True 
 B)False

Question 16

McGuire was an employee of First National Bank of Grayson (FNBG).FNBG participated in a Kentucky Housing Corporation (KHC)program in which KHC loaned money to financial institutions.The institutions would then make low-interest loans to low-income individuals who qualified for purchase of a home.FNBG received the funds and produced bogus paperwork for 80 loans but never loaned the money.Instead,they invested the money at a high rate of interest.Eventually the money was returned to KHC,but McGuire was charged with making false records and fraud.Can McGuire,as an employee,be held liable?

Accepted Answer

The court held yes because he did all th

Question 17

The Fourth Amendment is the Miranda warning amendment.

Accepted Answer

A) True 
 B)False

Question 18

Under Sarbanes-Oxley,auditors must retain their work papers:

Accepted Answer

A) for one year. 
B) for three years. 
C) for five years. 
D) until they no longer represent a client. 
A) for one year. 
B) for three years. 
C) for five years. 
D) until they no longer represent a client.

Question 19

Racketeering actsunder RICOinclude theft,burglary,and arson.

Accepted Answer

A) True 
 B)False

Question 20

The Fourth Amendment privacy protections do not apply to business records.

Accepted Answer

A) True 
 B)False

The failure to give Miranda warnings is fatal to a case.

In criminal procedure,the initial appearance:

RICO applies to:

Most RICO charges involve:

SOX is the shorthand for the Sarbanes-Oxley business crime legislation.

The purpose of the initial appearance is to:

Which of the following is not an element of criminal fraud?

The failure to follow crime prevention programs can result in harsher sentences under the U.S.corporate sentencing guidelines.

Mens rea is:

According to Arizona v.Gant,police officers:

Voluntary reporting of criminal violations reduces a company's fines under the federal sentencing guidelines.

Corporate officers cannot invoke the Fifth Amendment for a corporation.

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

The Fourth Amendment is the Miranda warning amendment.

Under Sarbanes-Oxley,auditors must retain their work papers:

Racketeering actsunder RICOinclude theft,burglary,and arson.

The Fourth Amendment privacy protections do not apply to business records.

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

International Law

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Governance and Regulation: Securities Law

Management of Employee Welfare

Management: Employment Discrimination

Filters

Exam 8: Business Crime

The failure to give Miranda warnings is fatal to a case.

In criminal procedure,the initial appearance:

RICO applies to:

Most RICO charges involve:

SOX is the shorthand for the Sarbanes-Oxley business crime legislation.

The purpose of the initial appearance is to:

Which of the following is not an element of criminal fraud?

The failure to follow crime prevention programs can result in harsher sentences under the U.S.corporate sentencing guidelines.

Mens rea is:

According to Arizona v.Gant,police officers:

Voluntary reporting of criminal violations reduces a company's fines under the federal sentencing guidelines.

Corporate officers cannot invoke the Fifth Amendment for a corporation.

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

The Fourth Amendment is the Miranda warning amendment.

Under Sarbanes-Oxley,auditors must retain their work papers:

Racketeering actsunder RICOinclude theft,burglary,and arson.

The Fourth Amendment privacy protections do not apply to business records.

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

International Law

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Governance and Regulation: Securities Law

Management of Employee Welfare

Management: Employment Discrimination

Filters