Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

ICAEW Law 10: Criminal law. > 10. Fraud. > Flashcards

10. Fraud. Flashcards

1
Q

Existing common law on fraud was codified under the …

A

Fraud Act (2006)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The maximum penalty under the Fraud Act (2006) is … imprisonment.

A

10 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Fraud involves a DAoD* intended to MAG or EATL or TROL.

A

deliberate act of deception

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Fraud involves a DAoD intended to MAG* or EATL or TROL.

A

make a gain (for the fraudster or another)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Fraud involves a DAoD intended to MAG or EATL* or TROL.

A

expose another to loss

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Fraud involves a DAoD intended to MAG or EATL or TROL*.

A

the risk of loss

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Offences under the Fraud Act: FR* (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT by ST, OSD

A

dishonestly making a false representation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Offences under the Fraud Act: FR (UoM*), FTDI (UaLD), AoP (SFI); PMS of A; FT by ST, OSD

A

untrue or misleading

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Offences under the Fraud Act: FR (UoM), FTDI* (UaLD), AoP (SFI); PMS of A; FT by ST, OSD

A

failure to disclose information

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD*), AoP (SFI); PMS of A; FT by ST, OSD

A

under a legal duty to disclose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP* (SFI); PMS of A; FT by ST, OSD

A

abuse of position

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI*); PMS of A; FT by ST, OSD

A

safeguard, or not act against, the financial interests of another person

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS* of A; FT by ST, OSD

A

possession, manufacture or supply

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A*; FT by ST, OSD

A

articles for use in frauds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT* (ItDC or SOFP) by ST, OSD

A

fraudulent trading

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT (ItDC* or SOFP) by ST, OSD

A

intention to defraud creditors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT (ItDC or SOFP*) by ST, OSD

A

some other fraudulent purpose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT (ItDC or SOFP) by ST*, OSD

A

sole trader

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT (ItDC or SOFP) by ST, OSD* (IoNP).

A

obtaining services dishonestly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Offences under the Fraud Act: FR (UoM), FTDI (UaLD), AoP (SFI); PMS of A; FT (ItDC or SOFP) by ST, OSD (IoNP*).

A

intention of not paying

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Fraud perpertrated via electronic means is often known as …

A

Cybercrime

22
Q

Cybercrime is fraud perpertraded via …

A

electronic means

23
Q

‘Articles’ for use in frauds (includes / excludes) programs and data held in electronic form.

A

includes

24
Q

Types of Cybercrime: P*, WM, FH, K, SM, AC

A

phishing

25
Q

Types of Cybercrime: P, WM*, FH, K, SM, AC

A

webcam manager

26
Q

Types of Cybercrime: P, WM, FH*, K, SM, AC

A

file hijacking

27
Q

Types of Cybercrime: P, WM, FH, K*, SM, AC

A

keylogging

28
Q

Types of Cybercrime: P, WM, FH, K, SM*, AC

A

screenshot manager

29
Q

Types of Cybercrime: P, WM, FH, K, S, AC*

A

ad clicker

30
Q

Sending bogus emails that ask the user for security information and personal details is known as …

A

phishing

31
Q

Computer Misuse Act (1990): UA*, UA (ITCOFFO), IoO, CRoSD (RW), M or S of A

A

unauthorised access: he causes a computer to perform any function with intent to secure access to any program or data held in any computer.

32
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO* - SS, FY), IoO, CRoSD (RW), M or S of A

A

intention to commit or facilitate further offences

33
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS*, FY), IoO, CRoSD (RW), M or S of A

A

statutory sentence

34
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS, FY*), IoO, CRoSD (RW), M or S of A

A

five years

35
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS, FY), IoO*, CRoSD (RW), M or S of A

A

impairment of operation

36
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS, FY), IoO, CRoSD* (RW), M or S of A

A

the act causes, or creates a significant risk of, serious damage of a material kind;

37
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS, FY), IoO, CRoSD (RW*), M or S of A

A

real world

38
Q

Computer Misuse Act (1990): UA, UA (ITCOFFO - SS, FY), IoO, CRoSD (RW), M or S of A*

A

A person is guilty of an offence if he makes, adapts, supplies or offers to supply any article intending it to be used to commit, or to assist in the commission of, an offence…

39
Q

Fraudulent trading (does / does not) require that the business is in the course of being wound up.

A

does not

40
Q

Fraudulent trading is an offence able to be committed by …

A

every person (who is knowingly a party to it)

41
Q

The maximum penalty for fraudulent trading is … imprisonment.

A

10 years

42
Q

Fraudulent trading is done with the ITDC* or for AFP.

A

intention to defraud creditors

43
Q

Fraudulent trading is done with the ITDC or for AFP*.

A

any fraudulent purpose

44
Q

T/F: Only company directors may be convicted of fraudulent trading.

A

FALSE

45
Q

A person fraudulently trading via an incorporated organisation can be found guilty under the …

A

Companies Act (2006)

46
Q

A person fraudulently trading via an unincorporated organisation can be found guilty under the …

A

Fraud Act (2006)

47
Q

The offence of fraudulent trading requires …

A

an intentional act of dishonesty

48
Q

If a liquidator believes that a company has been involved in fraudulent trading, they may apply to the court for an order that those involved …

A

contribute to the insolvent company’s assets.

S.213 Insolvency Act (1986)

49
Q

If a liquidator believes that a company has been involved in …, they may apply to the court for an order that those involved contribute to the insolvent company’s assets.

A

fraudulent trading

50
Q

Only … may be convicted of wrongful trading.

A

directors

ICAEW Law 10: Criminal law. (8 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions