Under the Laws of Most States,a Corporation Cannot Be Held

question 39

True/False

Under the laws of most states,a corporation cannot be held responsible for committing crimes.

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Definitions:

Punitive Damages

Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.

Breach-Of-Contract

The failure to perform as stipulated by the terms of a contract, without lawful excuse.

Compensatory

Related to compensation, it often refers to damages awarded in a lawsuit that are meant to reimburse the plaintiff for actual losses or harms.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.