Enrique Accesses Finance Bank's Computer System Without Authority to Obtain

question 9

Multiple Choice

Enrique accesses Finance Bank's computer system without authority to obtain protected financial records. Under federal law, this is

• A)a felony if it was done for a commercial purpose.
• B)a felony if the bank brings a civil suit against Enrique.
• C)not a crime.
• D)a crime but not a felony.

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Definitions:

Liquid Asset

An asset that can easily and quickly be converted into cash without significantly impacting its value.

Significant Loss

A considerable reduction in the value of an investment or asset, often leading to a negative impact on financial performance.

Fixed Asset

Long-term tangible property or equipment that a firm owns and uses in its operations to generate income.

Liquidity

The convenience with which one can convert an asset into cash without influencing its market price.