Business, 10.09.2019 02:10 tiwaribianca475

Which of the following does the money laundering act prohibit?
a) the use of mails or wires to defraud another person
b) knowingly engaging in a financial transaction involving the proceeds of an unlawful activity
c) obtaining property from another, with his or her consent, induced by wrongful use of actual or threatened force
d) the fraudulent conversion of property by a person to whom that property was entrusted
richard bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. he stashes away most of this drug money in personal lockers. in order to make it look like he earned it legitimately, richard hired crooks to take the drug money and spend it in richard's casinos in discreet amounts. the crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. the crooks are then paid a small amount for their services.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:40

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

Answers: 3

Answer

Business, 22.06.2019 06:30

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

Answers: 2

Answer

Business, 22.06.2019 07:20

Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

Answers: 1

Answer

Business, 22.06.2019 13:40

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Answers: 1

Answer

You know the right answer?

Which of the following does the money laundering act prohibit?
a) the use of mails or wires...

Questions