Asked by

Connor Gaffey
on Nov 22, 2024

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Which of the following is true regarding corporate executives being held personally liable for business crime under the "responsible corporate officer" doctrine?

A) A corporate executive may never be held personally liable for a business crime.
B) Corporate executives may only be held personally liable for a business crime if they benefited personally from their actions in executing the business crime.
C) Corporate executives may be found personally liable for a business crime even if they did not engage in, direct, or know about a specific criminal violation.
D) A court may not assess criminal liability on a corporate executive unless the executive directly engaged in the specific criminal violation.
E) Criminal liability may not be assessed against a corporate executive unless the executive directly engaged in the criminal activity and also profited directly and personally from the criminal activity.

Responsible Corporate Officer Doctrine

A legal principle that holds company executives personally liable for the illegal actions of their company if they were in a position to prevent the actions.

Personally Liable

The legal responsibility of an individual to settle a debt or obligation from their own assets.

  • Identify the legal responsibilities of corporate leaders in criminal activities according to certain statutes and principles.
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BC
Brooke CaldwellNov 24, 2024
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