Question 1

Evaluate Ponzi schemes.What is a Ponzi scheme? Discuss examples from the text that resulted in substantial losses.How do people become victims of Ponzi schemes?

Accepted Answer

A Ponzi scheme attempts to cheat people by paying original investors with money from new investors. Answers may vary.

Question 2

________ of scams using spam mailings on the Internet are really Ponzi schemes.

Accepted Answer

A) 40% 
B) 50% 
C) 60% 
D) 80% 
A) 40% 
B) 50% 
C) 60% 
D) 80% D

Question 3

Which year brought the close of 500 different banks in the United States?

Accepted Answer

A) 1913 
B) 1923 
C) 1933 
D) 1943 
A) 1913 
B) 1923 
C) 1933 
D) 1943 C

Question 4

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once.
-Debunking theory

Accepted Answer

A) A theory that forces social scientists to reconsider accepted theories 
B) A scheme that attempts to cheat people by paying original investors with money from new investors 
C) Coined the term "white-collar" crime 
D) Used by Edwin Sutherland to study data relating to many industries from different sources 
E) Loss of trust when the privileged wealthy few are punished less severely than others
F)Is based on the occupations of the perpetrator
G)Former treasurer of the United States imprisoned for tax fraud
H)A pillar of society/paragon of virtue who in reality was interested only in personal gain using any means 
A) A theory that forces social scientists to reconsider accepted theories 
B) A scheme that attempts to cheat people by paying original investors with money from new investors 
C) Coined the term "white-collar" crime 
D) Used by Edwin Sutherland to study data relating to many industries from different sources 
E) Loss of trust when the privileged wealthy few are punished less severely than others
F)Is based on the occupations of the perpetrator
G)Former treasurer of the United States imprisoned for tax fraud
H)A pillar of society/paragon of virtue who in reality was interested only in personal gain using any means

Question 5

Which of the following describes a theory that forces social scientists to reconsider accepted theories?

Accepted Answer

A) Debunking 
B) Historical 
C) Revised 
D) Vacuum 
A) Debunking 
B) Historical 
C) Revised 
D) Vacuum

Question 6

Which is an especially alarming characteristic of white-collar crime that, ironically, is also an explanation of low public interest in white-collar crime?

Accepted Answer

A) The small number of people actually victimized by white-collar crime 
B) Excessive government regulation 
C) Delay in harm 
D) Cover-up by media 
A) The small number of people actually victimized by white-collar crime 
B) Excessive government regulation 
C) Delay in harm 
D) Cover-up by media

Question 7

Why were the 1980s thought of as the "greed decade"?

Accepted Answer

-The unprecedented magnitude o

Question 8

The 1990s could be dubbed as:

Accepted Answer

A) the "betrayal decade." 
B) the "greed decade." 
C) the "scam decade." 
D) the "great decade." 
A) the "betrayal decade." 
B) the "greed decade." 
C) the "scam decade." 
D) the "great decade."

Question 9

White-collar crime appeared to be on the upswing in the ________________.

Accepted Answer

The answer of White-collar crime appeared to be on the...

Question 10

The First Equity fraud caught the public's attention for all of the following reasons except:

Accepted Answer

A) location of occurrence. 
B) amount of money involved. 
C) date of occurrence. 
D) identity of perpetrators. 
A) location of occurrence. 
B) amount of money involved. 
C) date of occurrence. 
D) identity of perpetrators.

Question 11

Why is there is so much more public outcry over street crime compared to white-collar crime?

Accepted Answer

-The actual definition of whit

Question 12

The public does not regard white-collar crime as a severe problem.Reasons for this include all of the following except:

Accepted Answer

A) consequences difficult to visualize. 
B) the low cost of white-collar crime. 
C) the complicated nature of the facts. 
D) faceless victims and faceless villains. 
A) consequences difficult to visualize. 
B) the low cost of white-collar crime. 
C) the complicated nature of the facts. 
D) faceless victims and faceless villains.

Question 13

Barry Minkow regarded money generated from stock sales as:

Accepted Answer

A) a source of working capital to be used to buy new equipment. 
B) money he could use to invest in other companies. 
C) money he could use to pay some creditors without other creditors finding out. 
D) a great source of revenue that did not have to be paid back. 
A) a source of working capital to be used to buy new equipment. 
B) money he could use to invest in other companies. 
C) money he could use to pay some creditors without other creditors finding out. 
D) a great source of revenue that did not have to be paid back.

Question 14

According to victimization surveys, approximately half of all respondents reported that they had been targets of an attempted or successful fraud.

Accepted Answer

A) True 
 B)False

Question 15

A theory that forces social scientists to reconsider accepted theories is a debunking theory.

Accepted Answer

A) True 
 B)False

Question 16

________________ is another sign of the "betrayal decade."

Accepted Answer

The answer of ________________ is another sign of the "betrayal...

Question 17

Which of the following has not contributed to the initial examination of white-collar crime?

Accepted Answer

A) Exposure of monopolistic practices 
B) Increasing power of corporations 
C) Muckraking journalists 
D) Agricultural society values 
A) Exposure of monopolistic practices 
B) Increasing power of corporations 
C) Muckraking journalists 
D) Agricultural society values

Question 18

Explore the reasons why the government has been slow in collecting data on white-collar crime.

Accepted Answer

The reason is that the public does not e

Question 19

Edwin Sutherland coined the term "white-collar crime."

Accepted Answer

A) True 
 B)False

Question 20

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once.
-Demoralization cost

Accepted Answer

A) A theory that forces social scientists to reconsider accepted theories 
B) A scheme that attempts to cheat people by paying original investors with money from new investors 
C) Coined the term "white-collar" crime 
D) Used by Edwin Sutherland to study data relating to many industries from different sources 
E) Loss of trust when the privileged wealthy few are punished less severely than others
F)Is based on the occupations of the perpetrator
G)Former treasurer of the United States imprisoned for tax fraud
H)A pillar of society/paragon of virtue who in reality was interested only in personal gain using any means 
A) A theory that forces social scientists to reconsider accepted theories 
B) A scheme that attempts to cheat people by paying original investors with money from new investors 
C) Coined the term "white-collar" crime 
D) Used by Edwin Sutherland to study data relating to many industries from different sources 
E) Loss of trust when the privileged wealthy few are punished less severely than others
F)Is based on the occupations of the perpetrator
G)Former treasurer of the United States imprisoned for tax fraud
H)A pillar of society/paragon of virtue who in reality was interested only in personal gain using any means

Evaluate Ponzi schemes.What is a Ponzi scheme? Discuss examples from the text that resulted in substantial losses.How do people become victims of Ponzi schemes?

________ of scams using spam mailings on the Internet are really Ponzi schemes.

Which year brought the close of 500 different banks in the United States?

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once. -Debunking theory

Which of the following describes a theory that forces social scientists to reconsider accepted theories?

Which is an especially alarming characteristic of white-collar crime that, ironically, is also an explanation of low public interest in white-collar crime?

Why were the 1980s thought of as the "greed decade"?

The 1990s could be dubbed as:

White-collar crime appeared to be on the upswing in the ________________.

The First Equity fraud caught the public's attention for all of the following reasons except:

Why is there is so much more public outcry over street crime compared to white-collar crime?

The public does not regard white-collar crime as a severe problem.Reasons for this include all of the following except:

Barry Minkow regarded money generated from stock sales as:

According to victimization surveys, approximately half of all respondents reported that they had been targets of an attempted or successful fraud.

A theory that forces social scientists to reconsider accepted theories is a debunking theory.

________________ is another sign of the "betrayal decade."

Which of the following has not contributed to the initial examination of white-collar crime?

Explore the reasons why the government has been slow in collecting data on white-collar crime.

Edwin Sutherland coined the term "white-collar crime."

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once. -Demoralization cost

Crimes Against Consumers

Unsafe Products

Environmental Crime

Institutional Corruption: Mass Media and Religion

Securities Fraud

Corporate Fraud

Fiduciary Fraud

Crimes by the Government

Corruption of Public Officials

Medical Crime

Computer Crime

Conclusions

Filters

Exam 1: Introduction

Evaluate Ponzi schemes.What is a Ponzi scheme? Discuss examples from the text that resulted in substantial losses.How do people become victims of Ponzi schemes?

________ of scams using spam mailings on the Internet are really Ponzi schemes.

Which year brought the close of 500 different banks in the United States?

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once. -Debunking theory

Which of the following describes a theory that forces social scientists to reconsider accepted theories?

Which is an especially alarming characteristic of white-collar crime that, ironically, is also an explanation of low public interest in white-collar crime?

Why were the 1980s thought of as the "greed decade"?

The 1990s could be dubbed as:

White-collar crime appeared to be on the upswing in the ________________.

The First Equity fraud caught the public's attention for all of the following reasons except:

Why is there is so much more public outcry over street crime compared to white-collar crime?

The public does not regard white-collar crime as a severe problem.Reasons for this include all of the following except:

Barry Minkow regarded money generated from stock sales as:

According to victimization surveys, approximately half of all respondents reported that they had been targets of an attempted or successful fraud.

A theory that forces social scientists to reconsider accepted theories is a debunking theory.

________________ is another sign of the "betrayal decade."

Which of the following has not contributed to the initial examination of white-collar crime?

Explore the reasons why the government has been slow in collecting data on white-collar crime.

Edwin Sutherland coined the term "white-collar crime."

Match the key terns listed in Column 1 to the description in Column 2. Use each description only once. -Demoralization cost

Crimes Against Consumers

Unsafe Products

Environmental Crime

Institutional Corruption: Mass Media and Religion

Securities Fraud

Corporate Fraud

Fiduciary Fraud

Crimes by the Government

Corruption of Public Officials

Medical Crime

Computer Crime

Conclusions

Filters