Business Law 5-8 1/13/15 Jaudeedra Waye Niacin Mercer Ashlie Linder Kareem Bush
Definitions of words Fraud- wrongful or criminal deception intended to result in financial or personal gain Bank fraud- is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial. Theft- the action or crime of stealing. Embezzlement- theft or misappropriation of funds placed in one's trust or belonging to one's employer.
Fraud PositiveNegative You can get money Buy merchandise You can get arrested The police will take your merchandise away because it was purchased illegally
Bank Fraud PositiveNegative Get moneyYou can go to jail The banks will fail People with money in the bank will lose it because people steal it.
Theft PositiveNegative The thief gets what he wants (sometimes). You get karma and sometimes ( depends on what you stole) you can got to jail or prison.
Embezzlement PositiveNegative You can get money and buy stuff with it Going to jail
APA citations Embezzlement: Google. (n.d.). Retrieved from embezzlement&oq=define embe&aqs=chrome.1.69i57j0l5.3375j0j7&sourceid=ch rome&es_sm=122&ie=UTF-8&gws_rd=ssl Theft: Google. (n.d.). Retrieved from embezzlement&oq=define embe&aqs=chrome.1.69i57j0l5.3375j0j7&sourceid=ch rome&es_sm=122&ie=UTF- 8&gws_rd=ssl#safe=active&q=define theft
Bank fraud: Google. (n.d.). Retrieved from embezzlement&oq=define embe&aqs=chrome.1.69i57j0l5.3375j0j7&sourceid= chrome&es_sm=122&ie=UTF- 8&gws_rd=ssl#safe=active&q=define bank fraud Fraud: Google. (n.d.). Retrieved from embezzlement&oq=define embe&aqs=chrome.1.69i57j0l5.3375j0j7&sourceid= chrome&es_sm=122&ie=UTF- 8&gws_rd=ssl#safe=active&q=define fraud