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How is white-collar crime typically characterized?
As violent crime
Oftentimes involves threats of violence
Non-violent and business-related
Only pertains to physical theft
The correct answer is: Non-violent and business-related
White-collar crime is typically characterized as non-violent and business-related. This classification encompasses a range of illegal activities that are committed for financial gain using deceit or violation of trust and are primarily conducted in commercial settings. The most notable aspect of white-collar crime is its lack of physical violence, which distinguishes it from other types of crime such as violent crime that involves direct harm to individuals. This type of crime can include fraud, embezzlement, insider trading, money laundering, and various forms of corruption. The perpetrators are often professionals or individuals in positions of authority who exploit their legitimate business practices for illegal financial gain. Understanding this definition helps to clarify the nature and motivations behind white-collar crimes, emphasizing the importance of regulatory compliance and robust anti-fraud measures in business environments.