
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 5
Furenya was employed as the manager of a state controlled betting parlor, the Off Track Betting Corporation. One of her responsibilities was to deposit the daily receipts of money in a local bank. Because she was heavily in debt, Furenya devised a way to take $300 from each deposit to pay her personal creditors. She continued this practice for over a year until the state auditors made a surprise check of the betting parlor's accounting records. When a shortage was discovered and traced to Furenya, she was arrested. With what crime could she be charged?
Explanation
Embezzlement:
When an individual or bus...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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