Robert Uses FedEx in a Scheme to Defraud Standard Sales

question 45

Multiple Choice

Robert uses FedEx in a scheme to defraud Standard Sales Company by obtaining merchandise to which he is not entitled. Found guilty of mail fraud, Robert can be punished by​

• A)imprisonment for up to fifty years.
• B)imprisonment for up to thirty years and fines of up to $1 million.
• C)fines up to $5 million.
• D)none of the choices.

---

Definitions:

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, often leading to a loss of wealth and the collapse of markets.

Wall Street

Refers to the financial district of New York City, known as a major center for the world's financial markets.

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgements is reliably greater than their objective accuracy, especially when confidence is relatively high.

Judgments

Legal decisions made by a court regarding the rights and liabilities of parties in a legal action or proceeding.