essentials of business law chapter 3 criminal law copyright © 2007 the mcgraw-hill companies, inc....
TRANSCRIPT
Essentials Of Business Law
Chapter 3
Criminal Law
Copyright © 2007 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin
Essentials of Business Law Chapter 3-2
Crime
Crime Violation of a statute
Tort Private wrong that causes injury
Actions can be both, a crime and a tort
Essentials of Business Law Chapter 3-3
Classification Of Crimes
Treason Levying war against the United States Giving aid to nation’s enemies
Felony Serious crime against society
• Murder• Arson• Larceny• Bribery• Embezzlement
Essentials of Business Law Chapter 3-4
Classification Of Crimes
Misdemeanor Less serious offense
• Traffic violations• Thefts of small amounts of money• Illegal picketing
Essentials of Business Law Chapter 3-5
Crimes In The Business World
White-collar crimes Non-violent crimes Committed by business firms Committed against business firms Felony Misdemeanor
Essentials of Business Law Chapter 3-6
Examples Of White-collar Crimes
Embezzlement
Stock swindles
Insurance company fraud
Credit card fraud
Income tax evasion
Computer fraud
Theft of computer programs
Price fixing agreements
Insider stock trading
Essentials of Business Law Chapter 3-7
Crimes In The Business World
Arson Willful burning of a house or building Burning to defraud
Larceny Theft – grand and petty Robbery – threat of bodily harm Burglary – illegal entry to commit a crime Hijacking – stealing a vehicle or from a vehicle in
transit Shoplifting – stealing merchandise
Essentials of Business Law Chapter 3-8
Crimes In The Business World
Forgery Making or altering the writings of another
Bribery Giving or receiving money or property with the
intent to influence
False pretenses Deceiving others to obtain goods by making
false claims
Essentials of Business Law Chapter 3-9
Crimes In The Business World
Perjury False oral or written statements made under
oath
Embezzlement Wrongful taking of an employers money or
property
Extortion Demanding money or property by threatening
or forcing another
Essentials of Business Law Chapter 3-10
Other Business Related Crimes
Credit card fraud Counterfeit cards Altering charge slips Illegally obtaining card numbers
Insider trading Using non-public information for personal
financial gain