Bob Creates a Scheme to Obtain People's Personal Information Through

question 66

Multiple Choice

Bob creates a scheme to obtain people's personal information through e-mails claiming that an arrest warrant will be issued for non-payment of taxes if they don't immediately provide their social security number and bank account number so that money can be transferred to the IRS. Bob does not work for the IRS or any government agency. This is

• A) robbery.
• B) wire fraud .
• C) larceny .
• D) no crime.

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Definitions:

Dutch Auction

A method of public offering in which the price of the offering is lowered until it meets market demand.

Shares

Units of ownership interest in a corporation or financial asset, providing the shareholder with a proportion of the corporation's profits and assets.

Rights Offer

An offering where existing shareholders are given the right to purchase additional shares at a discounted price before the offer is made to the public.

Market Value

The current price at which an asset or service can be bought or sold in the open market, determined by supply and demand forces.