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Dylan Starr
on Nov 30, 2024

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The president of Rosy Cosmetics sends his top chemist to it main competitor, Hi-Glow's, labs to steal its formula for shiny lipstick. The chemist gets caught and is sent to jail. Can Rosy be found to be criminally liable?

A) Yes, under the doctrine of ultra vires .
B) Yes, since the president authorized the crime.
C) No, because a corporation cannot go to jail.
D) No, unless the chemist broke in and stole the formula.

Ultra Vires Doctrine

A legal principle that acts of a corporation must fall within the limits of the powers granted by law and the corporation's own constitution.

Criminally Liable

The legal responsibility or accountability of a person or entity for violations of criminal law, subject to penalties such as fines or imprisonment.

  • Acquire knowledge on the fundamentals and judicial ramifications of corporate criminal liability.
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komal pandherDec 05, 2024
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