Explain How Directors and Senior Officers Can Be Held Liable

question 26

Essay

Explain how directors and senior officers can be held liable when the corporation commits a criminal offence.

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Definitions:

Primary Market

The financial market where new securities are issued and sold for the first time, typically directly by the issuer to investors.

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.

Dividends

Money disbursed by a business to its members, principally originating from the enterprise's earnings.