Question

(Business Law question) Define crimes, and differentiate between felonies and misdemeanors, mentioning the penalties by which...

(Business Law question)

Define crimes, and differentiate between felonies and misdemeanors, mentioning the penalties by which each is punishable.

1 0
Add a comment Improve this question Transcribed image text
Answer #1

Crime (In business sense): Crime is an offence that is committed by either company or any individual related to the company or on behalf of company. Crime is punishable offence under the corporate law. Crime is classified on the basis of seriousness of it.

Difference between felonies and misdemeanors- Are as following

  1. Misdemeanors is more serious than Infraction but Felonies are the most serious crime rather than misdemeanors.
  2. Misdemeanors is punishable for jail that is up to one year maximum while felonies are punishable for jail more than one year.
  3. Felonies are the crime that is taken more seriously and severely by the society. In Misdemeanors, there is greater degree of flexibility in charging the crime.
Add a comment
Know the answer?
Add Answer to:
(Business Law question) Define crimes, and differentiate between felonies and misdemeanors, mentioning the penalties by which...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • check the answers! Chapter 4 Review Applying knowledge LO 41 1. List and define three functions...

    check the answers! Chapter 4 Review Applying knowledge LO 41 1. List and define three functions a state government assume Which governmental functions are reserved strictly for the federal government? 3. Define common law. 4. Define administrative late. 3. Decisions made by judges in the various courts and used as a guide for future decisions are called case law LO 4.2 6. Substantive law a. Defines the legal relationships between people or between people and the state b. Is never...

  • Define and differentiate between snorted and smoked cocaine.  Which presents a greater probability of abuse and dependence...

    Define and differentiate between snorted and smoked cocaine.  Which presents a greater probability of abuse and dependence and why?

  • Need some help with these business law questions! Question 19 (1 point) When participating in mediation...

    Need some help with these business law questions! Question 19 (1 point) When participating in mediation to resolve a dispute, it is okay for one of the parties to choose the mediator without involvement from the other party. False Question 20 (1 point) For a court to find that a tort has been committed, the plaintiff must have suffered a legally recognizable injury brought on by the defendant's actions. True False Question 23 (1 point) Each state's constitution is supreme...

  • What is the importance for a business to differentiate between product and period costs? List 3...

    What is the importance for a business to differentiate between product and period costs? List 3 examples of each and why it makes sense that they are a period or product cost.

  • BUSINESS LAW Question 29 There is no real difference between the "essential terms" and the "definiteness...

    BUSINESS LAW Question 29 There is no real difference between the "essential terms" and the "definiteness of terms" in a contract. Answers: True False Question 30 A "firm offer" fulfilling the requirements of the Uniform Commercial Code is irrevocable. Answers: True False Question 31 A valid "firm offer" can only be made by a merchant. Answers: True False Question 32 Death of the offeror automatically revokes the offer as a matter of law. Answers: True False

  • In three sentences each, differentiate between: 1. Business Routine, Processes and Functional Units. 2. Transaction Processing...

    In three sentences each, differentiate between: 1. Business Routine, Processes and Functional Units. 2. Transaction Processing System (TPS), Management Information System (MIS), Decision Support System and Executive Support System.

  • Business Law Assignment

    Question: This is a Business Law  Assignment  Sam Gagnon was working in his new role as a re...This is a Business Law  AssignmentSam Gagnon was working in his new role as a regional manager in the jewellery industry. He wanted to learn as much as he could and was particularly interested in hearing about customer challenges in Ontario, the district assigned to him by head office. At a recent conference in Toronto, he attended a panel discussion in which customers expressed their concerns...

  • Business Law Assignment

    Question: This is a Business Law  Assignment  Sam Gagnon was working in his new role as a re...This is a Business Law  AssignmentSam Gagnon was working in his new role as a regional manager in the jewellery industry. He wanted to learn as much as he could and was particularly interested in hearing about customer challenges in Ontario, the district assigned to him by head office. At a recent conference in Toronto, he attended a panel discussion in which customers expressed their concerns...

  • This is a business law question According to contract law, a(n) is a belief about a...

    This is a business law question According to contract law, a(n) is a belief about a fact that is not in accordance with the truth. A assertion Which of the following is a ground for avoidance of a contract based on a unilateral mistake? B C. concealment mistake

  • relationship between creative opportunities and desire to the wunshce of commit crimes. To investigate this question,...

    relationship between creative opportunities and desire to the wunshce of commit crimes. To investigate this question, ahe sests creative opportunities and crime desires of a group of ondered data are presented below eight stadents The alrcady rank Creative opportunitiesX) Crime desire (Y Daniel Lesdey Chris Phil Keeley Mani Monica 48. Calculate Spearman's rank-order 49. To test the significance in any rank-order correlation coefficient, we need to determine N instead of 50. The Table correlation coefficient at alpha- .05, is we...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT