Question

Welma is looking for an expensive leather bag. She meets a man at a Sunday market and strikes a deal. The man says he can sell it to her at a low cost. She decides to buy it even though she suspects it to be a stolen bag. What of the following best describes Welma's activities?

A) Fraud
B) Money laundering
C) Receiving stolen property
D) Identity theft

Answer 1

Welma's act of purchasing a bag she suspects to be stolen is best described as receiving stolen property, which is a criminal offense involving the possession of items known to be unlawfully taken.

Step-by-step explanation:

The situation described involves Welma deciding to buy a leather bag that she suspects to be stolen. The act of purchasing goods that one knows or suspects are stolen falls under the category of receiving stolen property. Fraud involves deception for personal or financial gain, which does not seem to apply here since Welma is not the one deceiving. Money laundering is the process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source, which is not the case in this scenario. Identity theft involves stealing someone else's personal information to commit theft or fraud, which is not part of Welma's actions.

The correct answer to what best describes Welma's activities is C) Receiving stolen property. This act refers to buying or acquiring possession of items with the knowledge that they have been taken unlawfully from their rightful owner. It is, therefore, a criminal offense, although the nature and severity of punishment for this crime can vary depending on the jurisdiction and the circumstances under which the property was received.