Asked by Teresa Salina on Apr 28, 2024
Verified
A corporate executive cannot be held criminally liable if he or she did not know about the company's criminal violation.
Criminally Liable
The state of being legally responsible for committing a crime or criminal act.
Criminal Violation
An act or omission that violates a law which results in a conviction and is punishable by the state through fines, imprisonment, or other penalties.
- Grasp the concept of corporate and executive liability in criminal actions.
Verified Answer
SS
ShaVonte' SamuelMay 01, 2024
Final Answer :
False
Explanation :
Under the "responsible corporate officer" doctrine,a court may assess criminal liability on a corporate executive or officer even if he or she did not engage in,direct,or know about a specific criminal violation.Corporate executives sometimes have the responsibility and power to ensure the company's compliance with the law.If the executive fails to meet this responsibility,the executive can be held criminally liable.
Learning Objectives
- Grasp the concept of corporate and executive liability in criminal actions.