Business_Law_chap_3_vocab

Business_Law_chap_3_vocab - Larceny- the act of taking and...

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Ben Quach Business Law vocabulary Chap 3 Crime - an offense against the public at large punishable by the official governing body of a nation or state. Tort – a private wrong that injures another person physical well being, property, or reputation. Treason – the levying of war against the united states , or the giving of aid and comfort to the nations enemies. Felony – a crime punishable by death or imprisonment in a federal or state prison for a term exceeding one year. Misdemeanor – a less serious crime that is generally punishable by a fine and prison sentence of not more than one year. White collar crime- a term used to describe various crimes that typically do not involve force or violence committed by and against businesses. Arson – the willful or malicious act of causing the burning of another’s property. Burning to defraud – a special category of crime providing for the punishment of persons who burn their own property with the aim of collecting insurance money.
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Unformatted text preview: Larceny- the act of taking and carrying away the personal property of another without the right to do so. Robbery the taking of property in the possession of another person against that persons will. Bribery the act of offering, giving, receiving, or soliciting something of value to influence official action or the discharge of a public duty. False pretenses a broad category of crimes that involve activities intended to deceive others or to obtain goods by making false claims. Forgery the false making or alteration of a writing with the intent to defraud. Perjury- the crime of intentionally giving false oral statements under oath. Extortion the act of taking of demanding money or other property from someone by using force or threats. Embezzlement- the wrongful taking of money or other property that has been entrusted to a person as a part of his or her job....
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