Question 1

"Mental state" does not require an awareness of guilt.

Accepted Answer

A) True 
 B)False

Question 2

Larceny is best defined as the taking of personal property from the presence of the victim by the use of force or fear.

Accepted Answer

A) True 
 B)False

Question 3

Under the Sarbanes-Oxley (SOX)obstruction of justice provision,auditors must retain working papers related to a client's audit for at least:

Accepted Answer

A)  3 years. 
B)  5 years. 
C)  10 years. 
D)  20 years. 
A)  3 years. 
B)  5 years. 
C)  10 years. 
D)  20 years.

Question 4

Which of the following statements regarding the Foreign Corrupt Practices Act is true?

Accepted Answer

A)  It applies only to foreign officials in this country. 
B)  It applies only to foreign officials outside this country. 
C)  It applies only to "grease" payments. 
D)  None of the above statements is true. 
A)  It applies only to foreign officials in this country. 
B)  It applies only to foreign officials outside this country. 
C)  It applies only to "grease" payments. 
D)  None of the above statements is true.

Question 5

The issuing or delivery of a forged instrument to another person constitutes the crime of counterfeiting a forged instrument.

Accepted Answer

A) True 
 B)False

Question 6

Corporate managers found guilty of masterminding any criminal activity must be sentenced to prison time.

Accepted Answer

A) True 
 B)False

Question 7

It is not necessary that some person be harmed for an act to be considered a crime.

Accepted Answer

A) True 
 B)False

Question 8

Generally,misdemeanors are more serious than felonies.

Accepted Answer

A) True 
 B)False

Question 9

A computer crime generally requires that:

Accepted Answer

A)  the criminal possess a computer. 
B)  the victim possess a computer. 
C)  the criminal have some knowledge of computers. 
D)  the victim have some knowledge of computers. 
A)  the criminal possess a computer. 
B)  the victim possess a computer. 
C)  the criminal have some knowledge of computers. 
D)  the victim have some knowledge of computers.

Question 10

The Fourth Amendment warrant requirement does not apply to businesses.

Accepted Answer

A) True 
 B)False

Question 11

Penalties for crimes are:

Accepted Answer

A)  always paid to the government. 
B)  always paid to the victim(s). 
C)  shared equally between the government and the victim(s). 
D)  subject to forfeiture. 
A)  always paid to the government. 
B)  always paid to the victim(s). 
C)  shared equally between the government and the victim(s). 
D)  subject to forfeiture.

Question 12

The criminal law of all states is the same because all states have adopted a uniform criminal code.

Accepted Answer

A) True 
 B)False

Question 13

Crimes and criminal punishment guidelines are specified in detailed criminal codes and statutes.

Accepted Answer

A) True 
 B)False

Question 14

Racketeering is defined as:

Accepted Answer

A)  using money to influence public officials. 
B)  using money to influence employees of competitors. 
C)  using money derived from illegal activities to invest in legitimate businesses. 
D)  using money to influence foreign officials. 
A)  using money to influence public officials. 
B)  using money to influence employees of competitors. 
C)  using money derived from illegal activities to invest in legitimate businesses. 
D)  using money to influence foreign officials.

Question 15

An act that is a felony in one state be a felony in all states.

Accepted Answer

A) True 
 B)False

Question 16

A person who did not necessarily commit the crime can still be held criminally responsible for acts committed by others __________.

Accepted Answer

A)  only for non-business crimes 
B)  only for business crimes 
C)  both a.and b. 
D)  neither a.nor b. 
A)  only for non-business crimes 
B)  only for business crimes 
C)  both a.and b. 
D)  neither a.nor b.

Question 17

Computer crimes include:

Accepted Answer

A)  theft of hardware. 
B)  theft of software. 
C)  intentional damage to information stored on a computer. 
D)  all of the above. 
A)  theft of hardware. 
B)  theft of software. 
C)  intentional damage to information stored on a computer. 
D)  all of the above.

Question 18

Knowingly making false statements in a loan application to a federally insured bank:

Accepted Answer

A)  is a form of embezzlement 
B)  is a federal crime. 
C)  is a crime in the state the bank operates in. 
D)  all of the above. 
A)  is a form of embezzlement 
B)  is a federal crime. 
C)  is a crime in the state the bank operates in. 
D)  all of the above.

Question 19

Due process rights apply to:

Accepted Answer

A)  individuals only. 
B)  corporations only. 
C)  both individuals and corporations. 
D)  individuals,but only in their official capacity within a business. 
A)  individuals only. 
B)  corporations only. 
C)  both individuals and corporations. 
D)  individuals,but only in their official capacity within a business.

Question 20

The Fifth Amendment to the United States Constitution's protection against self-incrimination applies to:

Accepted Answer

A)  individuals only. 
B)  corporations only. 
C)  both individuals and corporations. 
D)  individuals,but only in their official capacity within a business. 
A)  individuals only. 
B)  corporations only. 
C)  both individuals and corporations. 
D)  individuals,but only in their official capacity within a business.

Exam 8: Crimes

"Mental state" does not require an awareness of guilt.

Larceny is best defined as the taking of personal property from the presence of the victim by the use of force or fear.

Under the Sarbanes-Oxley (SOX)obstruction of justice provision,auditors must retain working papers related to a client's audit for at least:

Which of the following statements regarding the Foreign Corrupt Practices Act is true?

The issuing or delivery of a forged instrument to another person constitutes the crime of counterfeiting a forged instrument.

Corporate managers found guilty of masterminding any criminal activity must be sentenced to prison time.

It is not necessary that some person be harmed for an act to be considered a crime.

Generally,misdemeanors are more serious than felonies.

A computer crime generally requires that:

The Fourth Amendment warrant requirement does not apply to businesses.

Penalties for crimes are:

The criminal law of all states is the same because all states have adopted a uniform criminal code.

Crimes and criminal punishment guidelines are specified in detailed criminal codes and statutes.

Racketeering is defined as:

An act that is a felony in one state be a felony in all states.

A person who did not necessarily commit the crime can still be held criminally responsible for acts committed by others __________.

Computer crimes include:

Knowingly making false statements in a loan application to a federally insured bank:

Due process rights apply to:

The Fifth Amendment to the United States Constitution's protection against self-incrimination applies to:

The Nature and Sources of Law

The Court System and Dispute Resolution

Business Ethics, Social Forces, and the Law

The Constitution As the Foundation of the Legal Environment

Government Regulation of Competition and Prices

Administrative Agencies

The Legal Environment of International Trade

Torts

Intellectual Property Rights

Cyberlaw

Nature and Classes of Contracts: Contracting on the Internet

Formation of Contracts: Offer and Acceptance

Capacity and Genuine Assent

Consideration

Legality and Public Policy

Writing, Electronic Forms, and Interpretation of Contracts

Third Persons and Contracts

Discharge of Contracts

Breach of Contract and Remedies

Personal Property and Bailments

Legal Aspects of Supply Chain Management

Nature and Form of Sales

Title and Risk of Loss

Product Liability: Warranties and Torts

Obligations and Performance

Remedies for Breach of Sales Contracts

Kinds of Instruments, parties, and Negotiability

Transfers of Negotiable Instruments and Warranties of Parties

Liability of the Parties Under Negotiable Instruments

Checks and Funds Transfers

Nature of the Debtor-Creditor Relationship

Consumer Protection

Secured Transactions in Personal Property

Bankruptcy

Insurance

Agency

Third Persons in Agency

Regulation of Employment

Equal Employment Opportunity Law

Types of Business Organizations

Partnerships

LPs, LLCs, and LLPs

Corporate Formation

Shareholder Rights in Corporations

Securities Regulation

Accountants Liability and Malpractice

Management of Corporations

Real Property

Environmental Law and Land Use Controls

Leases

Decedents Estates and Trusts

Filters