Examlex
One of the main objectives of the FCPA is to prohibit foreign company representatives in the United States from bribing U.S.government,state,and county officials to obtain procurement contracts.
Defendants Liability
The legal obligation of a defendant in a lawsuit to compensate for harm caused to the plaintiff as determined by a court judgment or settlement.
Punitive Damages
Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant.
Gross Negligence
A severe lack of care that shows a reckless disregard for the safety or lives of others, which is considered more serious than simple negligence.
Strict Liability
A legal doctrine holding parties responsible for damages or harm caused by their actions, regardless of intent or negligence.
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