Laws That Punish Actions That Were Not Illegal When Performed

question 9

Multiple Choice

Laws that punish actions that were not illegal when performed are known as

• A) Bills of attainder
• B) Proscriptive laws
• C) Ex post facto laws
• D) Criminal laws

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Definitions:

Malpractice Action

A legal action filed against a professional person for failure to act in accordance with prevailing professional standards.

Properly Perform

To execute or carry out a task or duty correctly, efficiently, and up to the expected standards or specifications.

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP) refer to a common set of accounting rules, standards, and procedures used in preparing financial statements in the United States.

Financial Accounting Standards Board

An independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and organizations in the United States.