Improperly Collecting Benefits Intended for Victims of a Natural Disaster

question 190

Multiple Choice

Improperly collecting benefits intended for victims of a natural disaster, such as Hurricane Katrina, is an example of:

• A) embezzlement
• B) insider trading
• C) money laundering
• D) personal fraud
• E) none of the other choices are correct

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Definitions:

Over-The-Counter Drug

Medications that are legally sold directly to consumers without a prescription from a healthcare professional.

Risk-Utility Test

A legal principle used to determine if the design of a product is defective by weighing the product's risk against its utility or benefit.

Consumer Expectations

Consumer expectations refer to the anticipations or beliefs consumers have regarding the performance and quality of products and services they use.

Design Defects

Flaws in the planned design of a product that make it inherently unsafe or unfit for its intended use, potentially leading to liability for the manufacturers.