Which of the following statements best defines the term "embezzlement"?
A) It is the secretive and wrongful taking and carrying away of the personal property of another with the intent to permanently deprive the rightful owner of its use or possession.
B) It is the intentional use of some sort of misrepresentation to gain an advantage over another person.
C) It is the wrongful conversion of the property of another by one who is lawfully in possession of that property.
D) It is the offering, giving, soliciting, or receiving of money or any object of value for the purpose of influencing a person's action.
C
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If a company has violated antitrust laws:
a. the Justice Department can initiate only noncriminal charges against the violator. b. the Federal Trade Commission may file criminal proceedings against the violator. c. any private person or company that has been harmed by the violator can file a lawsuit to recover damages. d. All the above.
If a company purchases equipment costing $4100 on credit, the effect on the accounting equation would be:
A. Assets increase $4100 and liabilities increase $4100. B. One asset increases $4100 and another asset decreases $4100. C. Equity increases $4100 and liabilities decrease $4100. D. Assets increase $4100 and liabilities decrease $4100. E. Equity decreases $4100 and liabilities increase $4100.
The doctrine of judicial immunity means judges may:
a. commit crimes and not be punished b. act as diplomats for the U.S. c. be sued in their capacity as judges only if they exhibit "clear bias" toward one party in a case they hear d. be sued for negligent application of the law e. not be sued for damages that result from their judicial acts
What is the outsourcing option that includes the closest location and direct customer control?
A. Onshore outsourcing. B. Nearshore outsourcing. C. Offshore outsourcing. D. None of the above.