Question 1

The violation of an ordinance:

Accepted Answer

A)  must be defined by Congress 
B)  generally means there may be a fine and up to one year in prison 
C)  generally means there may be a fine, but no prison time 
D)  generally means a citation, but no fine or prison time 
E)  none of the other choices 
A)  must be defined by Congress 
B)  generally means there may be a fine and up to one year in prison 
C)  generally means there may be a fine, but no prison time 
D)  generally means a citation, but no fine or prison time 
E)  none of the other choices

Question 2

If the government does not prosecute a criminal suspect the right to do so may be eliminated by:

Accepted Answer

A)  the loss of evidence 
B)  res ipsa loquitor 
C)  loss of probable cause 
D)  statute of limitations 
E)  none of the other choices 
A)  the loss of evidence 
B)  res ipsa loquitor 
C)  loss of probable cause 
D)  statute of limitations 
E)  none of the other choices

Question 3

A party accused of a crime may plead no contest or nolo contendere.

Accepted Answer

A) True 
 B)False

Question 4

The classification of felonies:

Accepted Answer

A)  makes them easier to remember 
B)  indicates the severity of the criminal charge 
C)  is a remnant of the British system 
D)  is a remnant of the colonial system 
E)  is specified in the Declaration of Independence 
A)  makes them easier to remember 
B)  indicates the severity of the criminal charge 
C)  is a remnant of the British system 
D)  is a remnant of the colonial system 
E)  is specified in the Declaration of Independence

Question 5

The term mens rea means criminal intent or wrongful purpose in the criminal act.

Accepted Answer

A) True 
 B)False

Question 6

If the government can prove beyond a reasonable doubt that 1) the accused committed the illegal act, and 2) that there was necessary intent or state of mind to commit the act then:

Accepted Answer

A)  the accused will be convicted of the crime 
B)  the accused might be convicted of the crime 
C)  the plaintiff will lose the case 
D)  the case may go to trial 
E)  the accused will not get a lawyer 
A)  the accused will be convicted of the crime 
B)  the accused might be convicted of the crime 
C)  the plaintiff will lose the case 
D)  the case may go to trial 
E)  the accused will not get a lawyer

Question 7

In a corporate compliance program, the Justice Department expects to receive frequent reports from the company that discuss successes and failures in implementing the program.

Accepted Answer

A) True 
 B)False

Question 8

Criminal law is:

Accepted Answer

A)  primarily made up of statutes passed by Congress and state legislatures 
B)  primarily from common law 
C)  primarily from British law 
D)  primarily made up of statutes derived from International law 
E)  primarily made up of laws adapted from civil law 
A)  primarily made up of statutes passed by Congress and state legislatures 
B)  primarily from common law 
C)  primarily from British law 
D)  primarily made up of statutes derived from International law 
E)  primarily made up of laws adapted from civil law

Question 9

In the United States, only ____ can bring criminal charges.

Accepted Answer

A)  public institutions 
B)  private citizens 
C)  private investigators 
D)  the Supreme Court 
E)  none of the other choices are correct 
A)  public institutions 
B)  private citizens 
C)  private investigators 
D)  the Supreme Court 
E)  none of the other choices are correct

Question 10

The theft or misappropriation of valuable business information, such as a trade secret, is the crime of economic espionage.

Accepted Answer

A) True 
 B)False

Question 11

Another term for misdemeanor is:

Accepted Answer

A)  small crime 
B)  civil crime 
C)  penal crime 
D)  petty misdemeanor 
E)  none of the other specific choices are correct 
A)  small crime 
B)  civil crime 
C)  penal crime 
D)  petty misdemeanor 
E)  none of the other specific choices are correct

Question 12

Companies that have compliance programs can receive lower punishments for criminal violations than those that do not, for the same action.

Accepted Answer

A) True 
 B)False

Question 13

A company bids on projects and submits false information in the bids in order to help win the bids. When this "scheme or artifice" occurs, there would most likely be a conviction for:

Accepted Answer

A)  money laundering 
B)  mail fraud 
C)  insider trading 
D)  embezzlement 
E)  none of the other choices 
A)  money laundering 
B)  mail fraud 
C)  insider trading 
D)  embezzlement 
E)  none of the other choices

Question 14

The purchase or sale of securities based on information one has a fiduciary duty not to use can be the crime of insider trading.

Accepted Answer

A) True 
 B)False

Question 15

If the jury cannot decide on a verdict then a ____ is declared.

Accepted Answer

A)  mistrial 
B)  false trial 
C)  hung trial 
D)  maltrial 
E)  lost trial 
A)  mistrial 
B)  false trial 
C)  hung trial 
D)  maltrial 
E)  lost trial

Question 16

At an arraignment, a suspect may be asked to enter a plea.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not a Justice Department factor for an effective corporate compliance program that can help a company reduce legal problems and punishment when violations occur:

Accepted Answer

A)  when offenses occur, steps taken to respond and to prevent further offenses 
B)  effective communication of standards and procedures to all employees 
C)  consistent communication with Justice about program achievements 
D)  high-level persons in the organization have responsibility to oversee compliance 
E)  all of the other choices are part of an effective program 
A)  when offenses occur, steps taken to respond and to prevent further offenses 
B)  effective communication of standards and procedures to all employees 
C)  consistent communication with Justice about program achievements 
D)  high-level persons in the organization have responsibility to oversee compliance 
E)  all of the other choices are part of an effective program

Question 18

In Bridge v. Phoenix Bond & Indemnity, the Supreme Court held that there was no cause of action by a private company involved in bidding in a government auction. Only the government that suffered a loss has a cause of action under RICO.

Accepted Answer

A) True 
 B)False

Question 19

Embezzlement is when:

Accepted Answer

A)  someone is in a position of trust with money and they take it for their use 
B)  someone gives detailed manufacturing information to competitors 
C)  someone leaks information to the press 
D)  someone accepts a bribe in return for services 
E)  someone donates money illegally to a political campaign 
A)  someone is in a position of trust with money and they take it for their use 
B)  someone gives detailed manufacturing information to competitors 
C)  someone leaks information to the press 
D)  someone accepts a bribe in return for services 
E)  someone donates money illegally to a political campaign

Question 20

White collar crimes refer to crimes so designated by Congress in a particular portion of the federal criminal code.

Accepted Answer

A) True 
 B)False

Exam 5: Criminal Law and Business

The violation of an ordinance:

If the government does not prosecute a criminal suspect the right to do so may be eliminated by:

A party accused of a crime may plead no contest or nolo contendere.

The classification of felonies:

The term mens rea means criminal intent or wrongful purpose in the criminal act.

If the government can prove beyond a reasonable doubt that 1) the accused committed the illegal act, and 2) that there was necessary intent or state of mind to commit the act then:

In a corporate compliance program, the Justice Department expects to receive frequent reports from the company that discuss successes and failures in implementing the program.

Criminal law is:

In the United States, only ____ can bring criminal charges.

The theft or misappropriation of valuable business information, such as a trade secret, is the crime of economic espionage.

Another term for misdemeanor is:

Companies that have compliance programs can receive lower punishments for criminal violations than those that do not, for the same action.

A company bids on projects and submits false information in the bids in order to help win the bids. When this "scheme or artifice" occurs, there would most likely be a conviction for:

The purchase or sale of securities based on information one has a fiduciary duty not to use can be the crime of insider trading.

If the jury cannot decide on a verdict then a ____ is declared.

At an arraignment, a suspect may be asked to enter a plea.

Which of the following is not a Justice Department factor for an effective corporate compliance program that can help a company reduce legal problems and punishment when violations occur:

In Bridge v. Phoenix Bond & Indemnity, the Supreme Court held that there was no cause of action by a private company involved in bidding in a government auction. Only the government that suffered a loss has a cause of action under RICO.

Embezzlement is when:

White collar crimes refer to crimes so designated by Congress in a particular portion of the federal criminal code.

Todays Business Environment: Law and Ethics

The Court Systems

Trials and Resolving Disputes

The Constitution: Focus on Application to Business

Elements of Torts

Business Torts and Product Liability

Real and Personal Property

Intellectual Property

Contracts

Domestic and International Sales

Business Organizations

Negotiable Instruments, Credit, and Bankruptcy

Agency and the Employment Relationship

Employment and Labor Regulations

Employment Discrimination

The Regulatory Process

Securities Regulation

Consumer Protection

Antitrust Law

Environmental Law

The International Legal Environment of Business

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