Identify and describe one example of corporate crime.
How to approach this question
First, identify a specific type of corporate crime (e.g., environmental crime, financial fraud, health and safety violations). Then, describe what this type of crime involves. Finally, provide a brief, clear example to illustrate your description.
Full Answer
Corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities) or by individuals acting on behalf of a corporation or other business entity. Examples include: financial crimes (e.g., tax evasion, false accounting), crimes against consumers (e.g., selling unsafe products), crimes against employees (e.g., violating health and safety laws), and environmental crimes (e.g., illegal pollution).
Common mistakes
Confusing corporate crime with white-collar crime (which is committed by an individual, often against their company) or providing an example of street crime.
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