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Which of the following is FALSE concerning legal actions by organizations regarding fraud?

A. Legal action is expensive
B. Legal action is time consuming
C. Legal action is sometimes embarrassing
D. Legal action stops future frauds

1 Answer

5 votes

Final answer:

The false statement about legal actions by organizations regarding fraud is that they stop future frauds. Legal actions are indeed expensive, time-consuming, and sometimes embarrassing, but they can't guarantee to prevent all future fraudulent acts.

Step-by-step explanation:

The false statement concerning legal actions by organizations regarding fraud is: D. Legal action stops future frauds. While legal actions can deter fraud, they cannot guarantee the prevention of future fraudulent activities. Such actions are indeed expensive and time-consuming, and they can sometimes be embarrassing for an organization. The thought that legal action can unequivocally prevent further fraud is a misconception, as there always remains the possibility of individuals committing fraud despite previous legal consequences within an organization. As an example, within the realm of corporate crime, acts like embezzlement would be a clear instance where an entity might pursue legal recourse. Embezzlement involves the fraudulent taking of personal property by someone to whom it was entrusted, typically in a work or corporate setting. While taking legal action against such a crime may act as a deterrent, it does not fully ensure that similar crimes won't occur in the future within the same organization or elsewhere.

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