Johnny the ceo of plastic spoon inc is in a bit of a bind

Reference no: EM13588279

Write a short essay, between 400 and 500 words, responding to the assignment below. You are expected to use the textbook and outside resources to provide accurate and substantive answers to the question. Also, be sure to make use of illustrating examples where appropriate. Submit your work in APA format.

Johnny, the CEO of Plastic Spoon Inc., is in a bit of a bind. His daughter was kidnapped. The kidnappers are demanding a hefty ransom. Unfortunately for Johnny, he cannot afford the ransom. So, Johnny withdraws the ransom money from Plastic Spoon's account, and he pays the kidnappers. After returning with his daughter, the directors of the corporation notice the missing funds. The directors report the loss to the police. The directors suspect that Johnny misappropriated the funds, and they tell the police about their suspicions. The police search Johnny's home without a warrant. They find a letter Johnny was writing that confirms that Johnny took the money for the corporation to pay the kidnappers. The police arrest Johnny, and he is charged with theft. Johnny is charged with embezzlement.

The elements of embezzlement in this state are: The intentional taking of money or property by a CEO or other top official in a corporation without consent.

1. Are the elements of embezzlement present in this fact pattern?
2. What affirmative defenses can Johnny raise?
3. Can Johnny get the letter seized by the police suppressed? Why?

Reference no: EM13588279

Questions Cloud

Oslo company prepared the following contribution format : oslo company prepared the following contribution format income statement based on a sales volume of 1000 units the

Phillips inc manufactures industrial components one of its : phillips inc. manufactures industrial components. one of its products which is used in the constructionof industrial

Find the acceleration of the block if the coefficient of : question a block of mass m 5.5 kg is pulled up a ? 22deg incline as in the figure with a force of magnitude f 38

Determine the amounts necessary to record income taxes for : sherrod inc. reported pretax accounting income of 66 million for 2013. the following information relates to differences

Johnny the ceo of plastic spoon inc is in a bit of a bind : write a short essay between 400 and 500 words responding to the assignment below. you are expected to use the textbook

Compute the unit cost that is relevant for comparison to : barker company has a single product called a zet. the company normally produces and sells 80000 zets each year at a

One method of determining the refractive index of a : question one method of determining the refractive index of a transparent solid is to measure the critical angle when

Kody corporation uses a job-order costing system with a : kody corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. at the

Calculate the break-even point in 1 dollars and 2 number of : kare kars provides shuttle service between four hotels near a medical center and an international airport. kare kars

User Account

All Pages