Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business
I need 3 paragraphs for each discussion which is a total of 6 paragraphs. Please keep both separate and address each question.
Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business
Which do you believe presents the greatest threat to civil society: a corporation that commits crimes (e.g., murder, environmental crimes, or bribery), or persons who commit crimes that harm businesses (e.g., embezzlement, fraud, or larceny)? Defend your response, using at least one example from current events. Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business.
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Discussion 2 Product Liability
After viewing the Chinese Imports & Food Safety (Links to an external site.) video, consider whether U.S. retailers that utilize products or raw ingredients that are imported from China and are poorly regulated should be liable in tort for injuries to consumers who are harmed by those products. Answer parts a and b of the prompt. Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business.
- For this part of the prompt, answer one of the following points:
- If U.S. companies should not be liable, then they could be legally exempt from tort liability. Discuss the consequences of such a policy to U.S. consumers.
- If the U.S. companies should be liable, then those companies would not be legally exempt from tort liability. Discuss the consequences of such a policy to U.S. businesses.
- Regardless of your response to part a, assume that U.S. retailers do have legal liability for defective products. What steps could U.S. retailers and manufacturers take when using products imported from China that would minimize their liability exposure? For example, they could warn consumers about the potential, though speculative, dangers when using products comprised of poorly regulated ingredients or components. Given your strategy, what challenges would exist for U.S. businesses that implemented your strategy? Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business.
Learning Objectives
- Categorize various types of business crimes.
- Name and define the major felonies in criminal law.
- Explain how white-collar crime differs from other crimes.
- Define a variety of white-collar crimes.
Most classifications of crime turn on the seriousness of the act. In general, seriousness is defined by the nature or duration of the punishment set out in the statute. A felony is a crime punishable (usually) by imprisonment of more than one year or by death. (Crimes punishable by death are sometimes known as capital crimes; they are increasingly rare in the United States.) The major felonies include murder, rape, kidnapping, armed robbery, embezzlement, insider trading, fraud, and racketeering. All other crimes are usually known as misdemeanors, petty offenses, or infractions. Another way of viewing crimes is by the type of social harm the statute is intended to prevent or deter, such as offenses against the person, offenses against property, and white-collar crime. Discussion 1 Crimes That Harm Business Versus Crimes Committed by Business