I’m studying for my Business Law class and need an explanation.
Post a 150- to 225-word (2- to 3-paragraph) description of two business-related criminal acts—one a misdemeanor and one a felony. In your explanation, address the following:
- Define each criminal act, including whether it is a felony or misdemeanor, and the actions involved in committing the act.
- Provide at least one specific example of each type of criminal act.
- Describe the possible consequences for the commission of each crime.
- Explain how business owners can benefit from having a thorough understanding of the criminal acts you described, as well as any negative impacts that could ensue from a lack of understanding (or refusal to follow the law).
- Include references to a minimum of two scholarly sources to support your response.