BUSI 561 Chapter Notes - Chapter 7: Affirmative Defense, Strict Liability, The Negotiation
Document Summary
Chapter 7: white-collar crime and the business community. Criminal law: designed to punish an offender for causing harm to the public health, safety, or moral. Regulatory crimes: created when the legislature decides that the need to protect the public outweighs the tradional requirement of mens rea. Punishment is generally less severe, sometimes just in fines. Treason: engaging in war against the united states or giving aid or comfort to its enemies. Felony: a serious crime that is punishable by death or imprisonment in a penitentiary. Misdemeanor: a crime that is less serious than a felony and is punishable by fine or imprisonment in a local jail, less than a year in jail. Petty crime: a minor crime punishable, under federal statutes, by fine or incarceration of no more than six months. Arrest: to seize and hold under the authority of the law, has to have probable cause.
