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Solve the equation.
Criminal Sanctions
Punishments or penalties imposed for violations of criminal laws, intended to deter illegal activities and punish offenders.
Punitive Fines
Financial penalties imposed by a court, not to compensate the plaintiff, but to punish the defendant and deter future misconduct.
Ultramares Doctrine
A legal principle that limits the liability of auditors to third parties, based on the notion that auditors should only be held liable for fraud or gross negligence.
Recent Years
Refers to the period encompassing the last few years leading up to the current date, typically indicating a focus on contemporary or near-past events or trends.
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