White Collar Crime Statements Analysis
This section analyzes the provided statements regarding white collar crime to identify the correct ones.
Statement A Analysis
Statement A defines white collar crime as acts committed by individuals of respectability and high social status during their professional activities. This aligns with the original definition coined by Edwin Sutherland and is widely accepted.
- Correct
Statement B Analysis
Statement B claims that perpetrators of white collar crime always have immunity from the State. This is incorrect. While their social status might offer advantages, it does not grant absolute legal immunity. They are subject to investigation and prosecution.
- Incorrect
Statement C Analysis
Statement C lists hoarding, black marketing, and adulteration as common forms of white collar crimes in India. These economic offenses, often committed by individuals in positions of commercial power, are indeed considered types of white collar crime.
- Correct
Statement D Analysis
Statement D suggests that the Indian government hasn't developed effective regulatory mechanisms due to liberal economic policies. This is a complex socio-economic argument and not a definitive statement about the nature or definition of white collar crime itself. Regulatory frameworks exist, though their effectiveness can be debated. Therefore, this statement is not considered factually correct in the context of defining white collar crime.
- Incorrect
Conclusion on Correct Statements
Based on the analysis, statements A and C accurately describe aspects of white collar crime.
- Correct Statements: A & C
