We appreciate your visit to Which of the following is an example of a white collar crime A Stealing a shirt with a white collar B Engaging in insider trading. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The best example of white-collar crime among the provided options is engaging in insider trading after a company goes public with its stocks. Insider trading is a type of fraud linked to non-public information that benefits the individual trader. This crime exemplifies the exploitation of a professional position for personal gain in the business context.
Explanation:
Understanding White-Collar Crime
White-collar crime refers to non-violent financial crimes committed by individuals in a business context. Among the options provided, the best example of white-collar crime is engaging in insider trading after a company goes public with its stocks. Insider trading involves buying or selling securities based on non-public information and is considered a form of fraud.
To elaborate further:
- Insider Trading: This occurs when someone with privileged access to confidential information about a company trades its stocks, achieving profits that are unfairly gained at the expense of other investors. This form of white-collar crime was made illegal in the United States in the 1930s but continues to be relevant in contemporary financial markets.
- A well-known case highlighting the consequences of insider trading is the ImClone case, where several executives sold shares before negative news about the company was publicly available, leading to legal actions by the SEC.
- In contrast, the other options, such as stealing a shirt with a white collar or a company CEO smoking marijuana at home, do not constitute white-collar crimes as they are either unrelated or do not involve financial deceit or exploitation of a business context.
In summary, insider trading exemplifies how individuals can exploit their positions within a corporation for personal financial gain, classifying it as a classic example of white-collar crime.
Learn more about White-Collar Crime here:
https://brainly.com/question/50880435
Thanks for taking the time to read Which of the following is an example of a white collar crime A Stealing a shirt with a white collar B Engaging in insider trading. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
