Summarize the Ways in Which White-Collar Crime Differs from Conventional

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The Answer is White-collar crime differs from conventional crime in several ways. Firstly, white-collar crime is typically committed by individuals in positions of power or authority within a business or organization, whereas conventional crime is often committed by individuals from lower socioeconomic backgrounds. Secondly, white-collar crime is usually non-violent and involves financial deception or fraud, while conventional crime often involves physical harm or theft. Additionally, white-collar crime often has a wider impact on society and the economy, whereas conventional crime may have a more localized impact.

Two examples of white-collar crimes are insider trading and embezzlement. Insider trading involves trading stocks or securities based on non-public information, typically by individuals within a company or organization. This can lead to unfair advantages in the stock market and is illegal. Embezzlement involves the theft or misappropriation of funds by someone in a position of trust, such as an employee or manager, within a company. This can result in significant financial losses for the organization and its stakeholders.

Summarize the Ways in Which White-Collar Crime Differs from Conventional

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Summarize the Ways in Which White-Collar Crime Differs from Conventional

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Correct Answer:Answered by ExamLex AIShow Answer

Correct Answer:
Answered by ExamLex AI