Exam 7: Blowing the Whistle

The _____ Act of 1863 was designed to prevent profiteering from the Civil War.

A qui tam lawsuit is a lawsuit brought on behalf of the federal government by a whistle-blower under the False Claims Act of 1863.

Under the federal Civil False Claims Act, whistle-blowers who expose fraudulent behavior against the government are entitled to a minimum of 75 percent of the amount recovered.

The whistle-blower hotline is used by the government to keep track of whistle-blowers.

An _____ whistle-blower is an employee who discovers corporate misconduct and brings it to the attention of his supervisor, who then follows established procedures to address the misconduct within the organization.

The Dodd-Frank Wall Street Reform and Protection Act of 2010 stipulates that if more than $1 million is collected, the whistle-blower is entitled to between 10 and 30 percent of the monies collected.

In external whistle-blowing, an employee who discovers corporate misconduct brings it to the attention of:

Whistle-blowing is not considered ethical under any circumstances.

If there is evidence that the employee is carrying out an individual vendetta against the company, the legitimacy of his or her whistle-blowing should be questioned.

A qui tam lawsuit is a lawsuit brought on behalf of the federal government by a whistle-blower under the _____ of 1863.

The lawsuits brought under the federal Civil False Claims Act establishes a whistle-blower as a deputized petitioner for the _____.

A whistle-blower is an individual who discovers corporate misconduct and chooses not to do anything about it.

The _____ Act of 1989 imposed specific performance deadlines in processing whistle-blower complaints and guaranteed the anonymity of the whistle-blower unless revealing the name would prevent criminal activity or protect public safety.

The Sarbanes-Oxley Act of 2002 is also known as:

Which of the following statements is true of the federal Civil False Claims Act?

A _____ is a lawsuit brought on behalf of the federal government by a whistle-blower under the False Claims Act of 1863.

The Whistleblower Protection Act of 1989 guaranteed the anonymity of the whistle-blower unless:

The _____ introduced a reward program for whistle-blowers who report securities law violations to the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC).

If an individual reports a company-that he or she is not employed by-for misconduct, the individual is called an external whistle-blower.

Before the Whistleblower Protection Act of 1989 was passed, whistle-blowers were not entitled to any sort of monetary reward from the government.