The Following Term Is Not Generally Used to Refer to White

question 10

Multiple Choice

The following term is not generally used to refer to white collar crime:

• A) economic crime
• B) business crime
• C) conventional crime
• D) occupational crime

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Definitions:

Repossession

The process by which a creditor takes back property from the borrower due to failure to meet the repayment terms of the loan.

Purchase-Money Security Interest

A legal claim granted to lenders over items purchased, serving as collateral for the loan used to purchase the goods.

Possession Of Collateral

Holding or control over property or assets pledged as security for a loan or obligation.

Private Sale

A transaction of goods or property conducted directly between individuals or parties without the involvement of a public auction or open market.