Author Question: In Bridge v. Phoenix Bond & Indemnity, the Supreme Court held that there was no cause of action ... (Read 42 times)

123654777 · **on:** Jun 24, 2018

In Bridge v. Phoenix Bond & Indemnity, the Supreme Court held that there was no cause of action by a private company involved in bidding in a government auction. Only the government that suffered a loss has a cause of action under RICO.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In Bridge v. Phoenix Bond & Indemnity, the Supreme Court held that there was a right of action by a private party under RICO to sue another party for treble damages for business losses suffered by improper means.
a. True
b. False
Indicate whether the statement is true or false