Final answer:
A violation or omission of a legal or moral duty is called a breach. A crime is an act against the law punishable by formal sanctions, a tort is a civil wrongdoing, and negligence is a failure to exercise proper care. Embezzlement is an example of a corporate crime.
Step-by-step explanation:
Violation or omission of a legal or moral duty is called breach. This term can be used in various contexts, such as breach of contract in business law or breach of fiduciary responsibilities.
A crime is an act that violates a law which results in a formal punishment. A tort is a civil wrongdoing that causes harm or loss, and it can be intentional or due to negligence. Negligence is a failure to take proper care in doing something, resulting in damage or harm to another.
An example of a corporate crime is embezzlement, which is when someone in a position of trust takes money for their own use. Crime is generally a behavior that violates official law and is punishable by law, such as driving with a high blood alcohol level.
On the other hand, mores are moral norms that, when violated, can lead to social disapproval or more serious consequences like legal action in severe cases, such as murder.