Final answer:
Fraud can consist of illegal acts, with identity theft being a key example (A). Embezzlement is an example of corporate crime, and the necessary and proper clause does not limit, but rather expands federal power.
Step-by-step explanation:
In some cases, fraud does consist of illegal acts. An example of this is identity theft, which is also known as "True-name Fraud." This type of fraud involves the wrongful acquisition and use of someone's personal information without their permission, which is indeed illegal. Such information can include social security numbers, PIN numbers, or passwords, and the consequences often involve financial damages, such as draining savings accounts or incurring large debts on stolen credit card accounts.
Another example of illegal corporate crime is embezzlement. When a question asks which of the following is an example of corporate crime - embezzlement, larceny, assault, and burglary - the answer is 'a. Embezzlement.' Unlike identity theft, embezzlement involves the misappropriation of funds or assets entrusted to someone in their company or workplace.
Finally, even though the necessary and proper clause in the U.S. Constitution is often associated with expanding federal power, it is false that it has the effect of limiting the power of the national government. Therefore, when faced with the statement, 'The necessary and proper clause has had the effect of limiting the power of the national government,' the correct answer is 'b. False.'