If Peter Is Engaged in Illegal Activities as Part of an Organized

question 29

Multiple Choice

If Peter is engaged in illegal activities as part of an organized criminal outfit, the law designed to criminally penalize Peter is the:

• A)Employee Retirement Income Security Act (ERISA).
• B)Worker Adjustment and Retraining (WARN)Act.
• C)Federal Occupational Safety and Health Act (OSHA).
• D)Racketeer Influenced and Corrupt Organizations Act (RICO).

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Definitions:

Moral Hazard

A situation where the behavior of an individual or entity changes to take on more risk because they do not bear the full consequences of that risk.

Flood Control System

An infrastructure or set of measures designed to manage the water level in a given area to prevent flooding.

Premium

The amount paid for an insurance policy or the extra cost for a higher quality or feature-enhanced product or service.

Moral Hazard

The situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will bear the consequences.