Question 1

Violation of the _____________________ carries maximum penalties of a $100 million criminal fine for corporations and a $1 million criminal fine and 10 years in prison for individuals.

Accepted Answer

Sherman Antitrust Act

Question 2

The ____________________of the U.S. Constitution gives the federal government the authority to regulate white-collar crime.

Accepted Answer

Commerce Clause

Question 3

_________________ occurs when an organization that either (a) advances credit, (b) provides loans, (c) supports people financially, or
(d) reimburses them for services provided to a third party is the target of criminal activity.

Accepted Answer

Client fraud

Question 4

A white-collar ___________ involves the criminal activity of people who use a business proposition to trick others out of their money.

Accepted Answer

The answer of A white-collar ___________ involves the criminal activity...

Question 5

__________________occurs when contractors provide the government or other corporations with incomplete or misleading information on how much it will actually cost to fulfill the contracts on which they are bidding.

Accepted Answer

The answer of __________________occurs when contractors provide the government or...

Question 6

When a businessperson uses an institutional position to grant favors and sell information to which their co-conspirators are not entitled, this is referred to as _______________________.

Accepted Answer

The answer of When a businessperson uses an institutional position...

Question 7

A ________ mortgage is a home loan given to borrowers who, because of their income, would not ordinarily qualify for bank loans.

Accepted Answer

The answer of A ________ mortgage is a home loan...

Question 8

An investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors is referred to as a ______________________.

Accepted Answer

The answer of An investment fraud that involves the payment...

Question 9

The FBI estimates that health care fraud now costs the nation ____________ per year.

Accepted Answer

The answer of The FBI estimates that health care fraud...

Question 10

Credit-card fraud and income-tax evasion are two types of __________________.

Accepted Answer

The answer of Credit-card fraud and income-tax evasion are two...

Question 11

__________________occurs when a corporate employee with direct knowledge of market-sensitive information uses it to buy and sell securities, giving the employee-trader an unfair advantage over the general public.

Accepted Answer

The answer of __________________occurs when a corporate employee with direct...

Question 12

The Ponzi scheme is named for _________________, a famous white-collar criminal who duped investors into a stamp-collecting scheme.

Accepted Answer

The answer of The Ponzi scheme is named for _________________,...

Question 13

Interest in corporate crime first emerged in the early 1900s, when a group of writers, known as _____________________, targeted the monopolistic business practices of John D. Rockefeller and other corporate business leaders

Accepted Answer

The answer of Interest in corporate crime first emerged in...

Question 14

The U.S. Congress has passed numerous laws that regulate and restrict wildlife imports and exports, including the __________________ Act of 1973 and the Lacey Act.

Accepted Answer

The answer of The U.S. Congress has passed numerous laws...

Question 15

In the 1930s, Sutherland first used the phrase  __________________ to describe the criminal activities of the rich and powerful.

Accepted Answer

The answer of In the 1930s, Sutherland first used the...

Question 16

__________________ refers to a substance made by gathering waste trimmings, cooking them so the fat separates easily from the muscle, and using a centrifuge to complete the separation.

Accepted Answer

The answer of __________________ refers to a substance made by...

Question 17

According to the _____________ perspective, environmental crimes are violations of existing criminal laws designed to protect people and the environment

Accepted Answer

The answer of According to the _____________ perspective, environmental crimes...

Question 18

_________ is a white-collar enforcement strategy that encourages law-abiding behavior through both the threat of economic sanctions and the promise of rewards for conformity.

Accepted Answer

The answer of _________ is a white-collar enforcement strategy that...

Question 19

An auto repair shop charging customers for bogus repairs is _________.

Accepted Answer

The answer of An auto repair shop charging customers for...

Question 20

Criminal activity that typically involves groups that conspire to make illegal profits through connections to business and commerce is __________________.

Accepted Answer

The answer of Criminal activity that typically involves groups that...

Quiz 13: Enterprise Crime: White-Collar, Green-Collar, and Transnational Organized Crime