Questions: 

1) Why is crime relevant to business?

2) Which crimes must businesses be concerned about?

3) How does criminal law differ from civil law?

In responding to this assignment, there is need to identify the relationship between crime and businesses. To begin with the first question, it can be suggested that crime is relevant in business because when an employee of a company or organization commits a crime within the workplace that attracts benefits to the company, the company or organization can be held liable. This is due to the fact that crimes come with threats that are real and which can cause destruction and result to losses. Additionally, crimes impacts on the motivation and inspiration of entrepreneurs and business owners leading to depression in extreme cases. When it comes to crimes that businesses must be concerned about, the most common crimes in businesses include tax evasion, money laundering, embezzlement of funds, and fraud.

When it comes to the difference between criminal law and civil law, it can be said that whereas in criminal law, the offender is punished for offending the society or the state, in civil law, the aim is to get the offender make good the wrong or illegal action committed against another individual.

Step-by-step explanation

Tax evasion involves avoiding to pay taxes by illegally misrepresenting the state of affairs of an individual, an entity, a corporation, or organization to the authorities charged with tax collection. Money laundering involves hiding information regarding large amounts of money obtained by illegal activities such as drug trafficking. On the other hand, embezzlement entails misappropriation of assets by an individual or entity which has been given the mandate to see to it that the assets are used for the correct purpose. Fraud is a crime that encapsulate deception with the aim of obtaining unlawful gain, this can be seen in financial statements that are not correct or do not reflect how a company used assets.