Asked by
Bhagaban Sethi
on Nov 29, 2024Verified
RICO defines a pattern of racketeering as the commission of three or more predicate acts within a five-year period.
RICO
The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law designed to combat organized crime by allowing for extended criminal penalties and civil cause of action for acts performed as part of an ongoing criminal organization.
Predicate Acts
Actions or crimes that constitute part of a larger pattern of illegal activity, often related to racketeering or fraud.
Five-Year Period
A specified duration of time, often used in contexts such as contracts, warranties, and strategic planning, comprising five consecutive years.
- Comprehend the function and utilization of the Model Penal Code within the United States legal framework.
Verified Answer
KM
Learning Objectives
- Comprehend the function and utilization of the Model Penal Code within the United States legal framework.