By shifting money from one investor to another, Lexicon has generated a classic example of:
Lexicon McCoy runs a brokerage firm in New York City. He amasses a fortune by paying investors alleged “profits” gleaned solely from money provided by other investors who think that McCoy is actually placing that money into legitimate stocks. For certain clients, McCoy does in fact invest in stocks, but he constantly buys and sells those stocks simply for the purpose of charging his clients a commission. Lexicon also trains a group of ten employees to implement his schemes on a wider scale. When he fears that police may be investigating his operation, he opens an offshore bank account using the social security number of an unsuspecting client. He hides $1,000,000 in that account. NARREND
a. tax fraud
b. churning
c. insider trading
d. a Ponzi scheme
Answer: D
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Which is not an example of primary sources?
a. diaries b. newspapers c. novels d. photographs e. textbooks on the history of crime
The United State Supreme Court in Davis v. Washington, 2006 decided:
A) That a 911 dispatcher could testify to what a 911 caller told them even if they identified the suspect. B) That a 911 dispatcher testimony of what a 911 caller told them would be considered hearsay. C) That 911 dispatchers could not testify because they could not positively identify a caller. D) That a 911 dispatcher could testify to what a 911 caller told them but they could not identify the suspect.
The element of criminal law most relevant to civil court is torts, or the law of personal injuries.
Answer the following statement true (T) or false (F)
Explain the difference between an express waiver and an implied waiver.
What will be an ideal response?