Question 1

Which of the following laws require businesses to report cash transactions involving $10,000 or more?

Accepted Answer

A) Bank Secrecy Act 
B) USA Patriot Act 
C) Money Laundering Control Act 
D) All of the above 
A) Bank Secrecy Act 
B) USA Patriot Act 
C) Money Laundering Control Act 
D) All of the above D

Question 2

Which is/are the most common basis for RICO violations?

Accepted Answer

A) Embezzlement, narcotics, pornography 
B) Mail fraud, wire fraud and securities fraud 
C) Interstate transportation of stolen goods and gambling 
D) None of the above 
A) Embezzlement, narcotics, pornography 
B) Mail fraud, wire fraud and securities fraud 
C) Interstate transportation of stolen goods and gambling 
D) None of the above B

Question 3

An indictment is:

Accepted Answer

A) a document issued by the grand jury. 
B) issued after a preliminary hearing. 
C) followed by an information. 
D) None of the above 
A) a document issued by the grand jury. 
B) issued after a preliminary hearing. 
C) followed by an information. 
D) None of the above A

Question 4

Which of the following would be a marketing crime?​

Accepted Answer

A) Sales people selling drugs to physicians by touting unapproved FDA uses 
B) Direct contact with physicians 
C) Sales of pharmaceuticals by non-physicians 
D) Sales of U.S. pharmaceuticals in other countries 
A) Sales people selling drugs to physicians by touting unapproved FDA uses 
B) Direct contact with physicians 
C) Sales of pharmaceuticals by non-physicians 
D) Sales of U.S. pharmaceuticals in other countries

Question 5

The CAN-SPAM Act:

Accepted Answer

A) is part of Sarbanes-Oxley. 
B) allows companies to bring suit against spammers for their unauthorized use of their servers. 
C) has been declared unconstitutional. 
D) None of the above 
A) is part of Sarbanes-Oxley. 
B) allows companies to bring suit against spammers for their unauthorized use of their servers. 
C) has been declared unconstitutional. 
D) None of the above

Question 6

Explain the Racketeer Influenced and Corrupt Organizations (RICO)Act.

Accepted Answer

Designed to curb organized crime activit

Question 7

Janet Walker is a computer information systems major who has been able to tap into an ice cream manufacturer's computer system. As a practical joke, Walker changes the manufacturer's ice cream formula so that an entire day's production has a bitter taste to it. Has Walker committed any crime?

Accepted Answer

Theft (converted pro

Question 8

Servers are always required to reveal the identity of their customers and users.

Accepted Answer

A) True 
 B)False

Question 9

Embezzlement is theft by an employee.

Accepted Answer

A) True 
 B)False

Question 10

The FBI has developed new technology that enables it to listen to conversations in homes from vans parked in the street outside the homes. While listening to conversations in one neighborhood, the FBI uncovers a meth lab. Agents move in and arrest those in the home without a warrant. Under the Kyllo case:

Accepted Answer

A) the FBI is not required to have a warrant because the information was uncovered without invading the house. 
B) the FBI is not required to have a warrant because the information was uncovered from outside the private property of the individuals involved. 
C) the FBI is required to have a warrant in order to listen to the conversations. 
D) the FBI needs a warrant to listen only if it is going to arrest someone. 
E) None of the above 
A) the FBI is not required to have a warrant because the information was uncovered without invading the house. 
B) the FBI is not required to have a warrant because the information was uncovered from outside the private property of the individuals involved. 
C) the FBI is required to have a warrant in order to listen to the conversations. 
D) the FBI needs a warrant to listen only if it is going to arrest someone. 
E) None of the above

Question 11

The doctrine that states that an executive cannot knowingly try to avoid learning about actions of those within the company is known as:

Accepted Answer

A) the Ebbers evasion. 
B) Enron avoidance. 
C) the Fastow facade. 
D) conscious avoidance. 
A) the Ebbers evasion. 
B) Enron avoidance. 
C) the Fastow facade. 
D) conscious avoidance.

Question 12

The Miranda warnings:

Accepted Answer

A) must be given or the case is dismissed. 
B) are based on Fifth Amendment rights. 
C) are based on Fourth Amendment rights. 
D) None of the above 
A) must be given or the case is dismissed. 
B) are based on Fifth Amendment rights. 
C) are based on Fourth Amendment rights. 
D) None of the above

Question 13

Ann McMillan is a CPA with a public accounting firm. A client of Ann's has called to tell her that the SEC is investigating the company for possible misrepresentations in the company's financial reports. Ann is worried that she may have pushed the envelope in allowing some of the revenues of the client to be reported as they were. Ann shreds several sets of notes from her meetings with the client on revenue recognition. Ann:

Accepted Answer

A) is probably guilty of obstruction of justice. 
B) has done nothing wrong because the notes are privileged communication the SEC is not entitled to have. 
C) has not committed obstruction of justice because the SEC has not contacted her. 
D) None of the above 
A) is probably guilty of obstruction of justice. 
B) has done nothing wrong because the notes are privileged communication the SEC is not entitled to have. 
C) has not committed obstruction of justice because the SEC has not contacted her. 
D) None of the above

Question 14

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

Accepted Answer

A) True 
 B)False

Question 15

Jason Ormand was arrested on suspicion of sexual assault. The arresting officers did not give Jason his Miranda warnings. Jason confesses to the assault. The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

Accepted Answer

A) Because of the violation of Jason's rights in the officers' failure to give the Miranda warnings, the case must be dismissed. 
B) The case can still proceed with the DNA evidence. 
C) The case can proceed but only with the victim's testimony. 
D) None of the above 
A) Because of the violation of Jason's rights in the officers' failure to give the Miranda warnings, the case must be dismissed. 
B) The case can still proceed with the DNA evidence. 
C) The case can proceed but only with the victim's testimony. 
D) None of the above

Question 16

Which of the following is not an exception to the Fourth Amendment search warrant requirement?

Accepted Answer

A) A search of a burning building 
B) A search of an area in plain view 
C) An inspection of a factory for safety violations 
D) All of the above are exceptions to the warrant requirement. 
A) A search of a burning building 
B) A search of an area in plain view 
C) An inspection of a factory for safety violations 
D) All of the above are exceptions to the warrant requirement.

Question 17

Which of the following will reduce a corporation's sentence under the U.S. Sentencing Guidelines?

Accepted Answer

A) Having a code of ethics 
B) Having ethics training 
C) Having ethics hotline 
D) All of these can reduce a corporation's sentence. 
A) Having a code of ethics 
B) Having ethics training 
C) Having ethics hotline 
D) All of these can reduce a corporation's sentence.

Question 18

Some crimes do not carry a mens rea requirement.

Accepted Answer

A) True 
 B)False

Question 19

This Act prohibits circumventing encryption of copyrighted works for unauthorized copying.

Accepted Answer

A) DMCA 
B) CADCFA 
C) CFAA 
D) RICO 
A) DMCA 
B) CADCFA 
C) CFAA 
D) RICO

Question 20

Bond or bail is established at the initial appearance.

Accepted Answer

A) True 
 B)False

Which of the following laws require businesses to report cash transactions involving $10,000 or more?

Which is/are the most common basis for RICO violations?

An indictment is:

Which of the following would be a marketing crime?

The CAN-SPAM Act:

Explain the Racketeer Influenced and Corrupt Organizations (RICO)Act.

Janet Walker is a computer information systems major who has been able to tap into an ice cream manufacturer's computer system. As a practical joke, Walker changes the manufacturer's ice cream formula so that an entire day's production has a bitter taste to it. Has Walker committed any crime?

Servers are always required to reveal the identity of their customers and users.

Embezzlement is theft by an employee.

The doctrine that states that an executive cannot knowingly try to avoid learning about actions of those within the company is known as:

The Miranda warnings:

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

Jason Ormand was arrested on suspicion of sexual assault. The arresting officers did not give Jason his Miranda warnings. Jason confesses to the assault. The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

Which of the following is not an exception to the Fourth Amendment search warrant requirement?

Which of the following will reduce a corporation's sentence under the U.S. Sentencing Guidelines?

Some crimes do not carry a mens rea requirement.

This Act prohibits circumventing encryption of copyrighted works for unauthorized copying.

Bond or bail is established at the initial appearance.

Introduction to Law

Business Ethics and Social Responsibility

The Court System and Dispute Resolution

Business and the Constitution

Administrative Law

International Law

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance, Remedies, and Rights

Business Marketing and Products: Ads and Product Safety

Business Competition: Antitrust Law

Business and Intellectual Property Law

Agency Law

Governance and Structure: the Law of Business Associations

Governance and Regulation: Securities Law

Business and Employees: Employment Regulation

Business and Employees: Employment Discrimination

Filters

Exam 7: Business Crime

Which of the following laws require businesses to report cash transactions involving $10,000 or more?

Which is/are the most common basis for RICO violations?

An indictment is:

Which of the following would be a marketing crime?​

The CAN-SPAM Act:

Explain the Racketeer Influenced and Corrupt Organizations (RICO)Act.

Janet Walker is a computer information systems major who has been able to tap into an ice cream manufacturer's computer system. As a practical joke, Walker changes the manufacturer's ice cream formula so that an entire day's production has a bitter taste to it. Has Walker committed any crime?

Servers are always required to reveal the identity of their customers and users.

Embezzlement is theft by an employee.

The doctrine that states that an executive cannot knowingly try to avoid learning about actions of those within the company is known as:

The Miranda warnings:

Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law.

Jason Ormand was arrested on suspicion of sexual assault. The arresting officers did not give Jason his Miranda warnings. Jason confesses to the assault. The DNA evidence taken from the victim shows with 99% certainty that Jason was her attacker.

Which of the following is not an exception to the Fourth Amendment search warrant requirement?

Which of the following will reduce a corporation's sentence under the U.S. Sentencing Guidelines?

Some crimes do not carry a mens rea requirement.

This Act prohibits circumventing encryption of copyrighted works for unauthorized copying.

Bond or bail is established at the initial appearance.

Introduction to Law

Business Ethics and Social Responsibility

The Court System and Dispute Resolution

Business and the Constitution

Administrative Law

International Law

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance, Remedies, and Rights

Business Marketing and Products: Ads and Product Safety

Business Competition: Antitrust Law

Business and Intellectual Property Law

Agency Law

Governance and Structure: the Law of Business Associations

Governance and Regulation: Securities Law

Business and Employees: Employment Regulation

Business and Employees: Employment Discrimination

Filters

Which of the following would be a marketing crime?