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Business Law 5-8 1/13/15 Jaudeedra Waye Niacin Mercer Ashlie Linder Kareem Bush
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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.
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Fraud PositiveNegative You can get money Buy merchandise You can get arrested The police will take your merchandise away because it was purchased illegally
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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.
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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.
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Embezzlement PositiveNegative You can get money and buy stuff with it Going to jail
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APA citations Embezzlement: Google. (n.d.). Retrieved from http://www.google.com/search?q=define 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 http://www.google.com/search?q=define 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
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Bank fraud: Google. (n.d.). Retrieved from http://www.google.com/search?q=define 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 http://www.google.com/search?q=define 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
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