The Reasons That Directors and Senior Officers Need to Be

Multiple Choice

The reasons that directors and senior officers need to be held personally liable for the crimes committed by a corporation include all EXCEPT:

A) Some closely held corporations are run by shrewd crooks trying to hide behind the corporate veil.
B) Some corporations would view a fine as simply a "license" to do it again.
C) Some corporations are but a "shell", so when faced with a large fine simply go out of business and reorganize into another corporation.
D) This is an effective deterrent against corporate crime.
E) Criminal acts have corporate liability limitations as outlined in the CBCA.