Which of the following is considered an economic offense?

Which of the following is considered an economic offense?

• A. Assault
• B. Theft
• C. Tax evasion
• D. Homicide

Answer: (C)

Tax evasion is classified as an economic offense because it involves the illegal act of not paying taxes that are due, thereby undermining the financial system and government revenue. Economic offenses are typically non-violent crimes that relate to financial activity, often involving deceit or fraud for monetary gain. Tax evasion specifically indicates an intent to avoid legal obligations to contribute to public finances, ultimately affecting public services and infrastructure. The other choices listed represent different areas of criminal law. Assault is a violent crime involving physical harm to another person. Theft, while it does pertain to property, is generally categorized as a property crime rather than an economic offense in the strictest sense. Homicide is a serious crime involving the unlawful taking of a life, which falls under violent crimes against the person. Each of these choices relates to personal harm or property violation, while tax evasion is distinctly tied to financial malfeasance.

Tax evasion is classified as an economic offense because it involves the illegal act of not paying taxes that are due, thereby undermining the financial system and government revenue. Economic offenses are typically non-violent crimes that relate to financial activity, often involving deceit or fraud for monetary gain. Tax evasion specifically indicates an intent to avoid legal obligations to contribute to public finances, ultimately affecting public services and infrastructure.

The other choices listed represent different areas of criminal law. Assault is a violent crime involving physical harm to another person. Theft, while it does pertain to property, is generally categorized as a property crime rather than an economic offense in the strictest sense. Homicide is a serious crime involving the unlawful taking of a life, which falls under violent crimes against the person. Each of these choices relates to personal harm or property violation, while tax evasion is distinctly tied to financial malfeasance.