Author Question: Dennis Kozlowski was the former CEO of Tyco who was charged with larceny, otherwise known as ... (Read 70 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
Dennis Kozlowski was the former CEO of Tyco who was charged with larceny, otherwise known as embezzlement. During his trial, Mr. Kozlowski offered testimony that all of his loans from the company that were not repaid were authorized loans that had been forgiven by the board of directors. The testimony about the board's approval:
 A) shows a lack of mens rea on Kozlowski's part.
 B) shows he did not have the actus reus of taking something that did not belong to him.
 C) is irrelevant because the money belonged to the corporation.
 D) Both a and b

Question 2

Penalties for corporate officers under Sarbanes-Oxley include:
 A) 5-20 years for mail and wire fraud.
 B) 1-10 years for violation of fiduciary duties.
 C) a maximum penalty of 5,000.
 D) Both a and b



Jayson

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library