Embezzlement Usually Involves the Misappropriation of Business

question 65

Multiple Choice

Embezzlement usually involves the misappropriation of business:

• A)equity by an employee.
• B)liabilities by an employee.
• C)assets by an employee.
• D)information by an employee.

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Definitions:

Intended Beneficiary

A person or entity that is specifically designated to benefit from a contract, even though they are not a party to the contract themselves.

Details of Performance

Specifics outlined in a contract or agreement indicating how and when the contractual obligations must be fulfilled.

Personal Performance

The fulfillment of duties or tasks by an individual, often referring to the execution of a contract by personal action.

Contractual Duty

Obligations that a party is legally bound to perform under a contract.