You Are a Judge with Two Cases Before You, Both

question 42

Essay

You are a judge with two cases before you, both of which are in plea-bargain: a white-collar criminal who stole $40 million from a bank he works for, and a bank robber who stole $5,000 from the same bank at gunpoint? Do the victims of the white-collar criminal deserve more restitution than that of the criminal with the weapon? Why or why not?

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Definitions:

Interest Rate

The portion of borrowed funds or capital utilized that incurs a cost, traditionally mentioned as a percentage for each year.

Loan

A financial agreement where a lender provides funds to a borrower, who agrees to repay the amount with additional interest over a defined period.

Economic Value

Assessing the value that a good or service delivers to someone involved in the economy.

Payment Streams

A series of payments made over a period of time, often referring to regular debits or credits to an account.