Identify the Principal Defining Elements of the Professions

question 80

Essay

Identify the principal defining elements of the professions.Which characteristics of the professions promote illegal conduct, and which attributes should inhibit it? What do medical crime, legal crime, academic crime, and religious crime, as defined in this text, have in common, and how do they differ? Which profession's crimes disturb you most, and why? Is student white collar crime a relatively trivial problem, or a substantial one?

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Definitions:

Carrying Value

The net book value of an asset or liability on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Bond Discount

is the difference between the face value of a bond and its selling price when the bond is sold for less than its face value.

Straight Line Amortization

A method for calculating the periodic reduction in the carrying amount of an intangible asset, spreading the cost evenly over its useful life.

Par Value Bonds

Bonds issued with a fixed face value that is to be repaid at maturity, often different from their market value.