Asked by Juana Jacal on Jun 08, 2024
Verified
Embezzlement includes the making or altering of any writing in a way that changes the legal rights and liabilities of another.
Embezzlement
The fraudulent appropriation of money or other property by a person to whom the money or property has been entrusted.
Legal Rights
Refers to the entitlements or permissions granted to individuals by law, ensuring protection, freedom, or claims under legal jurisdictions.
Liabilities
Financial obligations or debts that an individual or organization is responsible for.
- Identify the elements and differences between various specific crimes like embezzlement, larceny, and fraud.
Verified Answer
ES
Erika SandovalJun 14, 2024
Final Answer :
False
Explanation :
Embezzlement is the act of withholding assets for the purpose of conversion of such assets, by one or more individuals to whom the assets were entrusted, either to be held or to be used for specific purposes. The making or altering of any writing in a way that changes the legal rights and liabilities of another is more accurately described as forgery.
Learning Objectives
- Identify the elements and differences between various specific crimes like embezzlement, larceny, and fraud.