Author Question: Dennis Kozlowski was the former CEO of Tyco who was charged with larceny, otherwise known as ... (Read 111 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?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library