Exam 13: Conclusions

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Many of America's corporate elite believe that they are entitled to all of the benefits of the free market, with none of the risks.

(True/False)
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Wealth maximization theorists argue that white-collar criminals suffer collateral consequences that street criminals do not. Which one of the following consequences do white-collar criminals actually suffer?

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The richest ___________ % of Americans now own more wealth than the bottom 95%.

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Embezzlement would be an example of a corporate crime.

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Distinguish between corporate crime and occupational crime. Give examples of each.

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Embezzlement would be an example of ________________ crime.

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What are the difficulties in defining white-collar criminality through the use of conventional theories of crime?

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One of the five common techniques to annul guilt is condemning the condemners, where perpetrators claim to be victims.

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In recent years, the earnings gap between CEOs and employees has diminished.

(True/False)
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Conventional theories of crime have a tautological quality to them. Criminality is defined using the same terms as are used for causal factors. The term circular may be substituted for tautological.

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The shift of white-collar crime losses from the rich to others resulted in a ________________ tax.

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James Olis, a former director of Dynegy, turned down a plea bargain.Because of the new sentencing guidelines for white-collar criminals the end result of his criminal case was that:

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In recent years, the earnings gap between CEOs and employees has ________________.

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One of the five common techniques to annul guilt is denial of responsibility, where:

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Diffusion accountability is a common byproduct of fiscal irresponsibility. This results in higher interest rates and higher prices for goods and services-consumers pay more. The burden falls disproportionately on:

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Losses attributable to white-collar crime are passed along to taxpayers and customers. This results in what segment of society paying the cost of white-collar crime?

(Multiple Choice)
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Solomon Smith Barney was the major Wall Street firm that continued to sell questionable securities to Orange County after warning of risks.

(True/False)
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Identify the factors that contribute to the comparative leniency shown to white-collar offenders.Offer solutions that you think would help.

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There is very little corporate leniency extended to white-collar criminals.

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Between 1998 and 2003, nearly ___________ public corporations were forced to correct financial statements.

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