Multiple Choice
Which of the following statements is true of equity fines?
A) The corporation is fined in a manner that is considered just and fair to shareholders.
B) The fine is determined in accordance with criminal sentencing guidelines issued by a court of equity.
C) The corporation pays the fine in the form of stock to a victim's compensation fund.
D) The fine absolves corporate managers of all responsibility.
Correct Answer:
Verified
Correct Answer:
Verified
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