Question 1

The Fifth Amendment protects the accused from being compelled to produce real or physical evidence.

Accepted Answer

A) True 
 B)False

Question 2

Discuss the provisions of fraud under the U.S.Code.

Accepted Answer

The U.S.Code contains a number of provis

Question 3

______ are punishable by a fine or jail sentence of less than one year.

Accepted Answer

A)  Felonies 
B)  Conspiracies 
C)  Larcenies 
D)  Misdemeanors 
E)  Embezzlements 
A)  Felonies 
B)  Conspiracies 
C)  Larcenies 
D)  Misdemeanors 
E)  Embezzlements

Question 4

Which of the following type of fraud combines the threat of impersonation fraud with a variation of an advance fee scheme where the recipient has the "opportunity" to share a percentage of millions of dollars?

Accepted Answer

A)  "419" fraud 
B)  Ponzi scheme 
C)  embezzlement 
D)  identity fraud 
E)  telemarketing fraud 
A)  "419" fraud 
B)  Ponzi scheme 
C)  embezzlement 
D)  identity fraud 
E)  telemarketing fraud

Question 5

Which of the following statements is true of a material fact?

Accepted Answer

A)  It means to act knowingly and with a specific intent to deceive someone, ordinarily for bringing financial gain to oneself or causing financial loss to that person. 
B)  It is a plan or a program designed to take from a person the tangible right of honest services. 
C)  It is important to a reasonable person in deciding whether or not to engage in a particular transaction. 
D)  It can be a defense to a contract and can also form the basis of a civil tort action. 
E)  It is a statement or representation that is known to be untrue or is made with reckless indifference to its truth or falsity. 
A)  It means to act knowingly and with a specific intent to deceive someone, ordinarily for bringing financial gain to oneself or causing financial loss to that person. 
B)  It is a plan or a program designed to take from a person the tangible right of honest services. 
C)  It is important to a reasonable person in deciding whether or not to engage in a particular transaction. 
D)  It can be a defense to a contract and can also form the basis of a civil tort action. 
E)  It is a statement or representation that is known to be untrue or is made with reckless indifference to its truth or falsity.

Question 6

Felony cases are commenced with the filing of an information,and misdemeanors are commenced by a grand jury indictment.

Accepted Answer

A) True 
 B)False

Question 7

The classification of crimes as felonies or misdemeanors is based on the

Accepted Answer

A)  location. 
B)  prior record of the defendant. 
C)  punishment imposed if convicted. 
D)  judge's prerogative. 
E)  jury's indictment. 
A)  location. 
B)  prior record of the defendant. 
C)  punishment imposed if convicted. 
D)  judge's prerogative. 
E)  jury's indictment.

Question 8

______ is a plan or program designed to take from a person the tangible right of honest services.

Accepted Answer

A)  Theft by deception 
B)  A scheme to defraud 
C)  An intent to defraud 
D)  Fraudulent misrepresentation 
E)  Disparagement 
A)  Theft by deception 
B)  A scheme to defraud 
C)  An intent to defraud 
D)  Fraudulent misrepresentation 
E)  Disparagement

Question 9

To convict a person of a conspiracy,______.

Accepted Answer

A)  a formal agreement must exist between all members 
B)  all members must plan all details of the scheme 
C)  one person must plan and commit the crime 
D)  two or more people must be involved in the accomplishment of a common and unlawful plan 
E)  the victim must prove damages suffered due to the act of two or more individuals 
A)  a formal agreement must exist between all members 
B)  all members must plan all details of the scheme 
C)  one person must plan and commit the crime 
D)  two or more people must be involved in the accomplishment of a common and unlawful plan 
E)  the victim must prove damages suffered due to the act of two or more individuals

Question 10

The right to a jury trial extends to state juvenile court proceedings.

Accepted Answer

A) True 
 B)False

Question 11

What are white-collar crimes?

Accepted Answer

Many crimes against businesses do not in

Question 12

In accordance with the sentencing guidelines,federal judges are not allowed to decide for themselves if the defendants deserve sentences longer or shorter than the ranges in the guidelines.

Accepted Answer

A) True 
 B)False

Question 13

A city building inspector must obtain a search warrant to inspect for building code violations if the owner of the premises objects to the search.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  Ursula pays an advance of $500 to Stan Electronics for a microwave oven, which is not delivered to her as promised. 
B)  Harry assumes his father Tom's identity when swiping Tom's credit card for purchases and signing the receipts. 
C)  Jenny receives a call from a person selling mobile phones and purchases a phone by giving her financial information to the unknown caller. 
D)  Heidi receives an e-mail which offers her an opportunity to share a percentage of millions of dollars. 
E)  James invests his funds with Tim who promises James high returns but flees with the remainder of the money after attracting new investors. 
A)  Ursula pays an advance of $500 to Stan Electronics for a microwave oven, which is not delivered to her as promised. 
B)  Harry assumes his father Tom's identity when swiping Tom's credit card for purchases and signing the receipts. 
C)  Jenny receives a call from a person selling mobile phones and purchases a phone by giving her financial information to the unknown caller. 
D)  Heidi receives an e-mail which offers her an opportunity to share a percentage of millions of dollars. 
E)  James invests his funds with Tim who promises James high returns but flees with the remainder of the money after attracting new investors.

Question 15

Shawn files for bankruptcy.However,he does not mention his farmhouse in Farmington in the bankruptcy proceedings.The farmhouse is later discovered by the mortgage firm and included in the proceedings.Which of the following is true in this case?

Accepted Answer

A)  Shawn is guilty of the offense of concealment. 
B)  Shawn can use the discovery of the estate as a defense to his concealment. 
C)  Shawn is guilty of larceny as he did not reveal his estate during bankruptcy proceedings. 
D)  Shawn can be found guilty of counterfeiting. 
E)  Shawn is likely to be found not guilty since the estate was recovered and included in the proceedings. 
A)  Shawn is guilty of the offense of concealment. 
B)  Shawn can use the discovery of the estate as a defense to his concealment. 
C)  Shawn is guilty of larceny as he did not reveal his estate during bankruptcy proceedings. 
D)  Shawn can be found guilty of counterfeiting. 
E)  Shawn is likely to be found not guilty since the estate was recovered and included in the proceedings.

The Fifth Amendment protects the accused from being compelled to produce real or physical evidence.

Discuss the provisions of fraud under the U.S.Code.

______ are punishable by a fine or jail sentence of less than one year.

Which of the following type of fraud combines the threat of impersonation fraud with a variation of an advance fee scheme where the recipient has the "opportunity" to share a percentage of millions of dollars?

Which of the following statements is true of a material fact?

Felony cases are commenced with the filing of an information,and misdemeanors are commenced by a grand jury indictment.

The classification of crimes as felonies or misdemeanors is based on the

______ is a plan or program designed to take from a person the tangible right of honest services.

To convict a person of a conspiracy,______.

The right to a jury trial extends to state juvenile court proceedings.

What are white-collar crimes?

In accordance with the sentencing guidelines,federal judges are not allowed to decide for themselves if the defendants deserve sentences longer or shorter than the ranges in the guidelines.

A city building inspector must obtain a search warrant to inspect for building code violations if the owner of the premises objects to the search.

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

Shawn files for bankruptcy.However,he does not mention his farmhouse in Farmington in the bankruptcy proceedings.The farmhouse is later discovered by the mortgage firm and included in the proceedings.Which of the following is true in this case?

Law As a Foundation for Business

The Role of Ethics in Decision Making

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

The Property System

Contract Formation

Contractual Performance and Breach

Torts Affecting Business

Intellectual Property

International Law

Business Organizations

The Regulatory Process

Regulating Competitionantitrust Laws

Financial and Securities Regulations

Regulations Protecting Consumer Purchases, privacy, and Financial Activities

Environmental Regulation

Discrimination in Employment

Employment Laws

Labormanagement Relationship

Filters

Exam 13: Criminal Law and Business

The Fifth Amendment protects the accused from being compelled to produce real or physical evidence.

Discuss the provisions of fraud under the U.S.Code.

______ are punishable by a fine or jail sentence of less than one year.

Which of the following type of fraud combines the threat of impersonation fraud with a variation of an advance fee scheme where the recipient has the "opportunity" to share a percentage of millions of dollars?

Which of the following statements is true of a material fact?

Felony cases are commenced with the filing of an information,and misdemeanors are commenced by a grand jury indictment.

The classification of crimes as felonies or misdemeanors is based on the

______ is a plan or program designed to take from a person the tangible right of honest services.

To convict a person of a conspiracy,______.

The right to a jury trial extends to state juvenile court proceedings.

What are white-collar crimes?

In accordance with the sentencing guidelines,federal judges are not allowed to decide for themselves if the defendants deserve sentences longer or shorter than the ranges in the guidelines.

A city building inspector must obtain a search warrant to inspect for building code violations if the owner of the premises objects to the search.

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

Shawn files for bankruptcy.However,he does not mention his farmhouse in Farmington in the bankruptcy proceedings.The farmhouse is later discovered by the mortgage firm and included in the proceedings.Which of the following is true in this case?

Law As a Foundation for Business

The Role of Ethics in Decision Making

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

The Property System

Contract Formation

Contractual Performance and Breach

Torts Affecting Business

Intellectual Property

International Law

Business Organizations

The Regulatory Process

Regulating Competitionantitrust Laws

Financial and Securities Regulations

Regulations Protecting Consumer Purchases, privacy, and Financial Activities

Environmental Regulation

Discrimination in Employment

Employment Laws

Labormanagement Relationship

Filters