What type of crime requires the violation of laws in the context of business or professional activities?

What type of crime requires the violation of laws in the context of business or professional activities?

• A. Corporate crime
• B. Moral crime
• C. White-collar crime
• D. Street crime

Answer: (C)

The correct choice refers to white-collar crime, which is a category of crime that typically occurs within a business or professional context. This type of crime is committed by individuals or organizations in positions of power and trust, and it often involves deceitful practices for financial gain. Examples include fraud, insider trading, embezzlement, and money laundering. White-collar crimes are characterized by their non-violent nature, yet they can have significant economic and social impacts. This differentiates them from other types of crime, such as corporate crime, which may involve illegal actions taken by a corporation as a whole, or street crime, which generally pertains to offenses that occur in public spaces and involve direct confrontation. While moral crime pertains to actions that are considered wrong or immoral by societal standards, even if they are not legally prohibited, it does not specifically relate to the context of business or professional activities in the way white-collar crime does. Thus, understanding the framework of white-collar crime highlights the specific legal violations and ethical breaches that occur in a business setting, which is crucial for addressing issues of accountability and regulation in professional environments.

The correct choice refers to white-collar crime, which is a category of crime that typically occurs within a business or professional context. This type of crime is committed by individuals or organizations in positions of power and trust, and it often involves deceitful practices for financial gain. Examples include fraud, insider trading, embezzlement, and money laundering.

White-collar crimes are characterized by their non-violent nature, yet they can have significant economic and social impacts. This differentiates them from other types of crime, such as corporate crime, which may involve illegal actions taken by a corporation as a whole, or street crime, which generally pertains to offenses that occur in public spaces and involve direct confrontation. While moral crime pertains to actions that are considered wrong or immoral by societal standards, even if they are not legally prohibited, it does not specifically relate to the context of business or professional activities in the way white-collar crime does.

Thus, understanding the framework of white-collar crime highlights the specific legal violations and ethical breaches that occur in a business setting, which is crucial for addressing issues of accountability and regulation in professional environments.