Describe the crime of false pretenses and name and define three crimes similar to false pretenses that were discussed in the textbook
Indicate whether the statement is true or false
False pretenses is the crime of obtaining title to property of another by making materially false representations of an existing fact with knowledge of their falsity and with the intent to defraud. The victim voluntarily transfers the property to the thief. Other specialized crimes that are similar to false pretenses include mail, wire, and bank fraud, as well as securities fraud. Mail fraud, unlike the crime of false pretenses, does not require the victim to be actually defrauded; it simply requires the defendant to use the mails or private carrier to carry out a scheme that attempts to defraud others. The wire fraud statute prohibits the transmittal by wire, radio, or television in interstate or foreign commerce of any information with the intent to defraud. The federal bank fraud statute makes it a crime to knowingly execute or attempt to execute a scheme to defraud a financial institution or to obtain by false pretenses funds under the control or custody of a financial institution.
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Which of the following are included in Title 26 of the U.S. Code? I.Bankruptcy legislationII.Employment tax legislationIII.Estate and gift tax legislationIV.Alcohol, tobacco, and certain other excise taxes?
A. Only statement II is correct. B. Statements II and III are correct. C. Statements II, III, and IV are correct. D. Statements I, II, III, and IV are correct. E. None of the given are included in Title 26.
Analytical review of related expense accounts when auditing accounts payable would be used when control risk is assessed as low
a. True b. False Indicate whether the statement is true or false
Which virtue protects against excess ______.
A. wisdom and knowledge B. courage C. temperance D. transcenence
Coupon bond, the convention is to use the semiannual pricing formula rather than the annual pricing formula.
Answer the following statement(s) true (T) or false (F)