Question 1

Explain the changes Sarbanes-Oxley made to criminal laws.

Accepted Answer

Additional penalties for white collar cr

Question 2

A preliminary hearing is the same proceeding as an arraignment.

Accepted Answer

A) True 
 B)False

Question 3

Dennis Kozlowski was the former CEO of Tyco who was charged with larceny,otherwise known as embezzlement.During his trial,Mr.Kozlowski offered testimony that all of his loans from the company that were not repaid were authorized loans that had been forgiven by the board of directors.The testimony about the board's approval:

Accepted Answer

A) shows a lack of mens rea on Kozlowski's part. 
B) shows he did not have the actus reus of taking something that did not belong to him. 
C) is irrelevant because the money belonged to the corporation. 
D) both a and b 
A) shows a lack of mens rea on Kozlowski's part. 
B) shows he did not have the actus reus of taking something that did not belong to him. 
C) is irrelevant because the money belonged to the corporation. 
D) both a and b

Question 4

The "culpability multiplier" is part of the U.S.sentencing guidelines.

Accepted Answer

A) True 
 B)False

Question 5

The Fifth Amendment protections:

Accepted Answer

A) apply to corporations. 
B) can be used by officers of a corporation to prevent disclosure of corporate records. 
C) can be used by officers of a corporation to prevent disclosure of corporate records that incriminate them. 
D) none of the above 
A) apply to corporations. 
B) can be used by officers of a corporation to prevent disclosure of corporate records. 
C) can be used by officers of a corporation to prevent disclosure of corporate records that incriminate them. 
D) none of the above

Question 6

Penalties for corporate officers under Sarbanes-Oxley include:

Accepted Answer

A) 20 years for mail and wire fraud. 
B) 10 years for violation of fiduciary duties. 
C) a maximum penalty of $5,000. 
D) both a and b 
A) 20 years for mail and wire fraud. 
B) 10 years for violation of fiduciary duties. 
C) a maximum penalty of $5,000. 
D) both a and b

Question 7

The "Know They Customer" program:

Accepted Answer

A) is a federal program directed at commercial bribery prevention. 
B) is a federal program related to detecting money laundering. 
C) is an unconstitutional federal program. 
D) both a and c 
A) is a federal program directed at commercial bribery prevention. 
B) is a federal program related to detecting money laundering. 
C) is an unconstitutional federal program. 
D) both a and c

Question 8

The FBI has developed new technology that enables it to listen to conversations in homes from vans parked in the street outside the homes.While listening to conversations in one neighborhood,the FBI uncovers a meth lab.Agents move in and arrest those in the home without a warrant.Which of the following is true?

Accepted Answer

A) The FBI is not required to have a warrant because the information was uncovered without invading the house. 
B) The FBI is not required to have a warrant because the information was uncovered from outside the private property of the individuals involved. 
C) The FBI is required to have a warrant in order to listen to the conversations. 
D) The FBI needs a warrant to listen only if it is going to arrest someone. 
E) none of the above 
A) The FBI is not required to have a warrant because the information was uncovered without invading the house. 
B) The FBI is not required to have a warrant because the information was uncovered from outside the private property of the individuals involved. 
C) The FBI is required to have a warrant in order to listen to the conversations. 
D) The FBI needs a warrant to listen only if it is going to arrest someone. 
E) none of the above

Question 9

Which of the following is not covered under the Money Laundering Control Act?​

Accepted Answer

A) ​escrow companies 
B) ​travel agents 
C) boat dealers 
D) casinos 
E) All of the above are covered. 
A) ​escrow companies 
B) ​travel agents 
C) boat dealers 
D) casinos 
E) All of the above are covered.

Question 10

Which of the following would mitigate an officer's or corporation's sentence under the corporate sentencing guidelines?

Accepted Answer

A) officer had no direct knowledge; he/she was only the supervising manager 
B) the company had an ethics training program 
C) subordinates failed to follow orders 
D) subordinates were demoted for questioning decisions 
A) officer had no direct knowledge; he/she was only the supervising manager 
B) the company had an ethics training program 
C) subordinates failed to follow orders 
D) subordinates were demoted for questioning decisions

Question 11

The omnibus hearing is held before the preliminary hearing.

Accepted Answer

A) True 
 B)False

Question 12

Glen Albanese was arrested after federal authorities conducted an investigation that indicated the funds that he had raised for relief efforts for Hurricane Katrina victims had been used to purchase landscaping for his home,acquire a Labradoodle pedigree dog,and buy tickets to DisneyWorld and Six Flags.Mr.Albanese had raised funds for his charity by advertising that the funds raised would be used to rebuild homes and provide scholarships for the children of victims.Instead,he met individuals who sold him the dog and furnished the landscaping in odd locations and paid them in cash in envelopes.Which of the following crimes would be applicable for the federal authorities to charge?

Accepted Answer

A) Criminal fraud 
B) Embezzlement 
C) A violation of SOX 
D) a and b only 
E) all of the above 
A) Criminal fraud 
B) Embezzlement 
C) A violation of SOX 
D) a and b only 
E) all of the above

Question 13

Which of the following is not covered under the Money Laundering Control Act?​

Accepted Answer

A) ​savings accounts 
B) ​money market accounts 
C) brokerage accounts 
D) bit coin 
A) ​savings accounts 
B) ​money market accounts 
C) brokerage accounts 
D) bit coin

Question 14

Involvement of the top officers in corporate crimes increases the penalty under the U.S.sentencing guidelines.

Accepted Answer

A) True 
 B)False

Question 15

Bond or bail is established at the initial appearance.

Accepted Answer

A) True 
 B)False

Question 16

The defendant enters his/her plea at the arraignment.

Accepted Answer

A) True 
 B)False

Question 17

Criminal fraud is the same as contract fraud.

Accepted Answer

A) True 
 B)False

Question 18

The White-Collar Criminal Penalty Act of 2002 is known as the King Pin Act.

Accepted Answer

A) True 
 B)False

Question 19

Commercial bribery is only criminal for the recipient.

Accepted Answer

A) True 
 B)False

Question 20

Jason Ormand was arrested on suspicion of sexual assault.The arresting officers did not give Jason his Miranda warnings.Jason confesses to the assault.The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

Accepted Answer

A) Because of the violation of Jason's rights in the officers' failure to give the Miranda warnings, the case must be dismissed. 
B) The case can still proceed with the DNA evidence. 
C) The case can proceed but only with the victim's testimony. 
D) none of the above 
A) Because of the violation of Jason's rights in the officers' failure to give the Miranda warnings, the case must be dismissed. 
B) The case can still proceed with the DNA evidence. 
C) The case can proceed but only with the victim's testimony. 
D) none of the above

Explain the changes Sarbanes-Oxley made to criminal laws.

A preliminary hearing is the same proceeding as an arraignment.

The "culpability multiplier" is part of the U.S.sentencing guidelines.

The Fifth Amendment protections:

Penalties for corporate officers under Sarbanes-Oxley include:

The "Know They Customer" program:

Which of the following is not covered under the Money Laundering Control Act?

Which of the following would mitigate an officer's or corporation's sentence under the corporate sentencing guidelines?

The omnibus hearing is held before the preliminary hearing.

Which of the following is not covered under the Money Laundering Control Act?

Involvement of the top officers in corporate crimes increases the penalty under the U.S.sentencing guidelines.

Bond or bail is established at the initial appearance.

The defendant enters his/her plea at the arraignment.

Criminal fraud is the same as contract fraud.

The White-Collar Criminal Penalty Act of 2002 is known as the King Pin Act.

Commercial bribery is only criminal for the recipient.

Jason Ormand was arrested on suspicion of sexual assault.The arresting officers did not give Jason his Miranda warnings.Jason confesses to the assault.The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

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

Explain the changes Sarbanes-Oxley made to criminal laws.

A preliminary hearing is the same proceeding as an arraignment.

The "culpability multiplier" is part of the U.S.sentencing guidelines.

The Fifth Amendment protections:

Penalties for corporate officers under Sarbanes-Oxley include:

The "Know They Customer" program:

Which of the following is not covered under the Money Laundering Control Act?​

Which of the following would mitigate an officer's or corporation's sentence under the corporate sentencing guidelines?

The omnibus hearing is held before the preliminary hearing.

Which of the following is not covered under the Money Laundering Control Act?​

Involvement of the top officers in corporate crimes increases the penalty under the U.S.sentencing guidelines.

Bond or bail is established at the initial appearance.

The defendant enters his/her plea at the arraignment.

Criminal fraud is the same as contract fraud.

The White-Collar Criminal Penalty Act of 2002 is known as the King Pin Act.

Commercial bribery is only criminal for the recipient.

Jason Ormand was arrested on suspicion of sexual assault.The arresting officers did not give Jason his Miranda warnings.Jason confesses to the assault.The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

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

Which of the following is not covered under the Money Laundering Control Act?

Which of the following is not covered under the Money Laundering Control Act?