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What is the term for fraudulent activities taking place in a business?

Theft

Forgery

The correct term for fraudulent activities taking place in a business is fraud. Fraud encompasses a wide range of deceptive practices intended to secure an unfair or unlawful gain. This includes various activities where deception is used to manipulate individuals or entities for financial advantage.

While forgery is indeed a fraudulent act, it specifically refers to the illegal falsification of documents with the intent to deceive, rather than a broader range of financial misconduct that can occur in business operations. Embezzlement refers to the misappropriation or theft of funds placed in one's trust, which can be a type of fraud but is a more specific act focused on the handling of money. Theft is a broader term that involves the unlawful taking of someone else's property without consent, but it does not necessarily involve deceit as a fundamental component.

Therefore, fraud is the overarching term that best captures the concept of various illegal acts committed in a business context for illicit gain.

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Embezzlement

Fraud

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