journal assignment

Each of your answers should be written using your own words. Do not copy and paste from your textbook or an Internet source. Simply copying from the book word-for-word does not show me that you understand the concepts. Ensure you cite your work and add reference(s) at the end of your journal. This assignment is designed to see if you are reading and understanding the material from your textbook and learning modules, so these should be the sources you are citing in your work. You should not need to do research from additional resources unless the question specifically asks you to do so; you should not be Googling the answers for these questions.

All questions are worth 20 points:

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1. Who was the first person to use the term “white-collar crime” and how did he define it? Provide two examples of white-collar crime in the 20th century and your own thoughts as to why it was becoming so widespread.

2. Who was Charles Ponzi and what is a Ponzi scheme? These schemes are still very much alive in the 21st century; provide a couple examples of Ponzi scheme operations today. Provide your own thoughts and comments about these types of schemes.

3. What is a “bait-and-switch,” telemarketing, and pyramid scams?

4. Where is Big Tobacco today? Look at advertising and the rise or decline in tobacco use. Is there still litigation or legislation attempting to control tobacco use? Should consumers be able to sue for voluntary use of a substance?

5. Find recent cases of people becoming ill from adulterated food. Who was responsible? Were they accidents or negligence? Could they have been prevented?

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