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YES, extortion can and will happen in any business of modern society. Extortion happens when information or property in obtained by violence, threat to harm reputation, or by theft. Go eff yourself.

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15y ago

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If someone is threatening to divulge personal information of a damaging nature unless you 'go out' with him would that be considered a 'criminal act'?

Most people would call that blackmail, and could also fit under defamation - either way it is certainly illegal. Tell him that you will not change your mind and inform him that you intend to file a police report if he doesn't leave you alone; you should probably file one anyway, just in case he takes it the wrong way and gets too serious.


What cxc subjects are needed to become a business lawyer?

To become a business lawyer, you typically need to focus on subjects related to law and business. Subjects such as law, accounting, economics, or business studies would be beneficial for pursuing a career as a business lawyer. Additionally, courses in English and communication skills can also be advantageous in this field.


What is the term for conducting ourselves ethically and within the law of business practices?

The term for conducting oneself ethically and within the law of business practices is "business ethics." This involves adhering to moral principles and legal guidelines in all aspects of business operations.


What are the benefits of studying business law?

As we can see.. First I need to remind the meaning of two words here, Business, and Law according to my knowledge. Business = Is a profit creating activity that involve many complex aspects inside and can be created in any kind of activities as long as the activities are obeying the law inside the country of the business created and or the international law of business Law = the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties. And the definition of law is taken from google. If we are trying to make business without knowing the regulation of the business we created, how could we suppose to handle things if sort of problems of legals come out? Like if you want to create a business, the regulations that becomes barrier at first, if you know all the barriers and you can solve the barriers in right way, understanding what the regulations are, then it wil be no problem to have your business. Also law is a legal force to ensure the business runs smoothly domestically and internationally.. There are many rules of international trade.. if your business is running in this part, then it will be a fatal blow if you dont understand about the law, because International Trade is a fragile business. People can play with it, and if you are on the right way when people play with your company, you can sue him/them. That;s some advantages of knowing the business law. Because Business law is created to protect your company from being violated by irresponsible people.


What is the impact of studying law to a business student?

as BBA stands for Bachelors of Business Administration, so to administor a business you should know all the rules and regulations to how to deal with different situations under different circumstances, that's why business law is very important subject for BBA students.

Related Questions

What is extortion in business?

Extortion in business is obtaining money, goods or services from a person through coercion. This is actually regarded as a criminal offence.


What has the author Alexandra Addison Wrage written?

Alexandra Addison Wrage has written: 'Bribery and extortion' -- subject(s): International business enterprises, Bribery, Corrupt practices, Extortion, Corruption


Is forcing a contracted supplier to offer additional free services to keep your contract considered extortion?

If a customer refuses to honor an existing contract unless further conditions are met, that would be considered breach of contract rather than extortion, although it is still illegal. If the customer is merely imposing new conditions for the renewal of the contract, that is considered business negotiation, not extortion.


What is the sentencing guidelines for extortion?

The sentencing guidelines for extortion depend on the type of extortion committed. Charges can carry fines or jail sentences based on severity.


Is extortion a felony?

no


What are synonyms for blackmail?

threat, intimidation, ransom, extortion, coerce, dragoon


What are the release dates for Extortion - 1938?

Extortion - 1938 was released on: USA: 9 May 1938


What are the release dates for Deadline - 1959 Extortion?

Deadline - 1959 Extortion was released on: USA: 1959


What is a sentence for extort?

The mobsters were found guilty of money laundering and extortion. If you are talking about the penalty, it is usually 1 year in prison but could differ depending on the extent of extortion. (Extortion is an unlawful attempt to collect money) Notice how i said attempt because the money doesn't even have to be collected to be considered extortion.


How do you use the word extortion in a sentence?

Tired of paying thugs not to damage his store, the owner had them arrested for extortion. Though the school called it extortion, it agreed to raise the striking teachers' salaries.


When was The Great Burrito Extortion Case created?

The Great Burrito Extortion Case was created on 2006-11-07.


What are the punishments for extortion?

# i am the target and victim of criminal extortion and blackmail attempts.how do i respond? there is a police collusion with the criminal perpetrators. how do i handle it.