What Was the U

question 68

Multiple Choice

What was the U.S.Supreme Court's reaction to a case in which a business executive was found guilty of aiding and abetting in the bribery of an Internal Revenue Service agent even though the Internal Revenue Service agent had been found not guilty of the bribery in a separate trial?

• A) Because one of the defendants had been found guilty,both should have been found guilty.
• B) Because one of the defendants had been found not guilty,they both should have been found not guilty.
• C) Because of the inconsistent outcomes,a third combined trial was ordered to reconcile the different outcomes.
• D) The decisions in both cases were thrown out,making it possible,though not mandatory,that one or both defendants would have to face another trial.
• E) This simply underscores the fact that there is always the possibility that different juries might reach different results in a given situation.

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Definitions:

Earnings per Share

A financial ratio calculated by dividing a company's net income by its number of outstanding shares of common stock.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits.

Paid-in Capital

Funds received by a company from selling its shares to investors, representing the capital provided by shareholders for use in the business.

Common Stock

A type of security that represents ownership in a corporation, with holders typically having voting rights and potentially receiving dividends.