Which of the following is an example of corporate crime?

Study for the PRCC Sociology Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Corporate crime refers to illegal activities carried out by companies or corporations, typically for the purpose of financial gain. Price fixing is a direct example of corporate crime, as it involves collusion among companies to set prices at a certain level, which undermines free market competition and harms consumers. This practice can lead to inflated prices and reduced choices in the market, impacting both the economy and public consumers negatively.

Other options such as prostitution, drug use, and cyberbullying, while they may involve illegal activities, do not pertain specifically to actions taken by corporations within the context of their business operations. Prostitution and drug use are more associated with individual behavior and criminal acts, and cyberbullying is a form of harassment that takes place online, usually among individuals rather than organizations. Hence, price fixing distinctly aligns with the definition of corporate crime as it involves structured, organized wrongdoing by businesses to manipulate market conditions.

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