The USJustice Department Has Entered into a Deferred Prosecution Agreement with with Several

Multiple Choice

The U.S.Justice Department has entered into a deferred prosecution agreement with several U.S.banks on charges of mortgage fraud.The agreements provide that if the banks stay out of legal difficulties for five years then the charges will be dropped.The banks agreed to have monitors in place during the five years and pay a fine.Which of the following best describes what has been done by these arrangements with the banks?

A) A guilty plea has been entered.
B) A nolo contendere plea has been entered.
C) There has been a finding of innocence.
D) The parties have a corporate integrity agreement.