Which of the following statements best reflects the role of small businesses as white-collar crime offenders?
A. Small businesses are rarely involved in white-collar crime due to limited resources.
B. White-collar crime in small businesses often involves informal practices like tax evasion, underreporting income, or labor violations.
C. Small businesses primarily engage in cybercrimes and large-scale fraud schemes.
D. White-collar crimes committed by small businesses are always prosecuted at the federal level.
Answer (2)
Small businesses are often involved in white-collar crimes like tax evasion and labor violations due to their informal practices. They are less likely to engage in large-scale fraud schemes and are usually prosecuted at the state level. This reflects the unique challenges and practices of small businesses compared to their larger counterparts. ;
Small businesses are often involved in white-collar crimes such as tax evasion and labor violations due to informal practices. They tend to engage less in large-scale fraud or cybercrimes because of their limited resources. Therefore, the best choice is option B, which highlights their involvement in informal illegal practices.
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