Question 1

The front, the drive, and the close are all part of the telephone swindle.The drive includes:

Accepted Answer

A) empty slogans and statistics. 
B) sense of urgency. 
C) assessment of assets. 
D) information about competitors. 
A) empty slogans and statistics. 
B) sense of urgency. 
C) assessment of assets. 
D) information about competitors.

Question 2

The airline industry and the oil industry have been favorite targets of antitrust action.

Accepted Answer

A) True 
 B)False

Question 3

Monopolistic activities were criminalized in the Sherman Antitrust Act of 1890.Reasons for penalizing monopolistic behavior include all of the following except:

Accepted Answer

A) benefits to big business. 
B) reduced competition. 
C) poorer-quality products. 
D) higher prices. 
A) benefits to big business. 
B) reduced competition. 
C) poorer-quality products. 
D) higher prices.

Question 4

Pharmaceutical companies have been criticized by Congress for excessive and unreasonable profits.Drug company profits are more than ________ times the average profit of Fortune 500 companies.

Accepted Answer

A) three 
B) two 
C) five 
D) four 
A) three 
B) two 
C) five 
D) four

Question 5

The "phoner toner" salesman coerced the school district office manager to pay fraudulent invoices by:

Accepted Answer

A) threatening to accuse her of accepting gifts and then paying for goods not received. 
B) threatening her children. 
C) threatening to disclose an affair to her husband. 
D) refusing to send supplies for students. 
A) threatening to accuse her of accepting gifts and then paying for goods not received. 
B) threatening her children. 
C) threatening to disclose an affair to her husband. 
D) refusing to send supplies for students.

Question 6

Live "sex lines" account for 5 to 10% of all "900" minutes logged.

Accepted Answer

A) True 
 B)False

Question 7

The classic telephone swindle consists of three calls known as the front, the drive, and the ________________.

Accepted Answer

The answer of The classic telephone swindle consists of three...

Question 8

Evaluate consumer fraud. What does consumer fraud entail? Give an example of consumer fraud discussed in the text.

Accepted Answer

Consumer fraud entails the use of deceit

Question 9

Crimes against consumers do not carry a heavy social cost.

Accepted Answer

A) True 
 B)False

Question 10

Many legitimate companies use 900 numbers to serve customers.

Accepted Answer

A) True 
 B)False

Question 11

________________ % of Americans have been targeted at least once by telemarketers.

Accepted Answer

The answer of ________________ % of Americans have been targeted...

Question 12

One of the fastest growing forms of deceptive products occur in ads for weight-loss ________________.

Accepted Answer

The answer of One of the fastest growing forms of...

Question 13

A victim of a fraud is known as a mark because he/she:

Accepted Answer

A) could fall for future scams. 
B) has been identified as a victim. 
C) was a more available victim. 
D) is an easy target. 
A) could fall for future scams. 
B) has been identified as a victim. 
C) was a more available victim. 
D) is an easy target.

Question 14

Items that look like brand name merchandise but in fact are counterfeit are:

Accepted Answer

A) markoffs. 
B) ripoffs. 
C) liftoffs. 
D) knockoffs. 
A) markoffs. 
B) ripoffs. 
C) liftoffs. 
D) knockoffs.

Question 15

Do you think the United States is losing manufacturing jobs? Examine historical data, taking into account inflation, population growth, and employment in other sectors.Explain how data can be compared over time.

Accepted Answer

The United States is losing manufacturin

Question 16

The following companies have all been accused of fraud involving car problems and possible solutions except:

Accepted Answer

A) Ford. 
B) Kmart. 
C) Goodyear. 
D) Firestone. 
A) Ford. 
B) Kmart. 
C) Goodyear. 
D) Firestone.

Question 17

Price-gouging occurs when entities take advantage of laws, monopolies, and real or contrived shortages to demand excessive payments.

Accepted Answer

A) True 
 B)False

Question 18

Telemarketing fraudsters tend to view their victims as ________________ in their plight.

Accepted Answer

The answer of Telemarketing fraudsters tend to view their victims...

Question 19

When governments are the target of price-fixing by vendors providing goods and services, it is called:

Accepted Answer

A) bid-rigging. 
B) government fraud. 
C) illegal rigging. 
D) contract manipulation. 
A) bid-rigging. 
B) government fraud. 
C) illegal rigging. 
D) contract manipulation.

Question 20

The Federal Trade Commission has classified ads as informative, puffing, and ________________.

Accepted Answer

The answer of The Federal Trade Commission has classified ads...

The front, the drive, and the close are all part of the telephone swindle.The drive includes:

The airline industry and the oil industry have been favorite targets of antitrust action.

Monopolistic activities were criminalized in the Sherman Antitrust Act of 1890.Reasons for penalizing monopolistic behavior include all of the following except:

Pharmaceutical companies have been criticized by Congress for excessive and unreasonable profits.Drug company profits are more than ________ times the average profit of Fortune 500 companies.

The "phoner toner" salesman coerced the school district office manager to pay fraudulent invoices by:

Live "sex lines" account for 5 to 10% of all "900" minutes logged.

The classic telephone swindle consists of three calls known as the front, the drive, and the ________________.

Evaluate consumer fraud. What does consumer fraud entail? Give an example of consumer fraud discussed in the text.

Crimes against consumers do not carry a heavy social cost.

Many legitimate companies use 900 numbers to serve customers.

________________ % of Americans have been targeted at least once by telemarketers.

One of the fastest growing forms of deceptive products occur in ads for weight-loss ________________.

A victim of a fraud is known as a mark because he/she:

Items that look like brand name merchandise but in fact are counterfeit are:

Do you think the United States is losing manufacturing jobs? Examine historical data, taking into account inflation, population growth, and employment in other sectors.Explain how data can be compared over time.

The following companies have all been accused of fraud involving car problems and possible solutions except:

Price-gouging occurs when entities take advantage of laws, monopolies, and real or contrived shortages to demand excessive payments.

Telemarketing fraudsters tend to view their victims as ________________ in their plight.

When governments are the target of price-fixing by vendors providing goods and services, it is called:

The Federal Trade Commission has classified ads as informative, puffing, and ________________.

Introduction

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 2: Crimes Against Consumers

The front, the drive, and the close are all part of the telephone swindle.The drive includes:

The airline industry and the oil industry have been favorite targets of antitrust action.

Monopolistic activities were criminalized in the Sherman Antitrust Act of 1890.Reasons for penalizing monopolistic behavior include all of the following except:

Pharmaceutical companies have been criticized by Congress for excessive and unreasonable profits.Drug company profits are more than ________ times the average profit of Fortune 500 companies.

The "phoner toner" salesman coerced the school district office manager to pay fraudulent invoices by:

Live "sex lines" account for 5 to 10% of all "900" minutes logged.

The classic telephone swindle consists of three calls known as the front, the drive, and the ________________.

Evaluate consumer fraud. What does consumer fraud entail? Give an example of consumer fraud discussed in the text.

Crimes against consumers do not carry a heavy social cost.

Many legitimate companies use 900 numbers to serve customers.

________________ % of Americans have been targeted at least once by telemarketers.

One of the fastest growing forms of deceptive products occur in ads for weight-loss ________________.

A victim of a fraud is known as a mark because he/she:

Items that look like brand name merchandise but in fact are counterfeit are:

Do you think the United States is losing manufacturing jobs? Examine historical data, taking into account inflation, population growth, and employment in other sectors.Explain how data can be compared over time.

The following companies have all been accused of fraud involving car problems and possible solutions except:

Price-gouging occurs when entities take advantage of laws, monopolies, and real or contrived shortages to demand excessive payments.

Telemarketing fraudsters tend to view their victims as ________________ in their plight.

When governments are the target of price-fixing by vendors providing goods and services, it is called:

The Federal Trade Commission has classified ads as informative, puffing, and ________________.

Introduction

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