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Criminal acts that are committed using insider business Information is typically classified as O blue collar crime white collar crime O pink collar crime O green collar crime

Answer :

Final answer:

Crimes involving insider business information are considered 'white collar crimes.' They involve misuse of power or position and are frequently found in business settings. Insider trading is one example of this kind of crime.

Explanation:

Criminal acts committed using insider business information are typically classified as white collar crime. White collar crimes are non-violent crimes that are typically committed in business or professional settings by individuals or organizations. They generally involve an abuse of power or position, deceit, or a violation of trust, and are characterized by deceit, concealment, or violation of trust.

Insider trading, for example, is a common form of white collar crime where insiders use proprietary information to their financial advantage. This is viewed as fraudulent behavior, as parties with insider information can unfairly advantage themselves in market transactions.

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