The commercial organization and its management can be prosecuted because of allowing corruption to happen and failing to implement adequate procedures to prevent corruption from happening.

Question

BlackTom AI · Accepted Answer

Consider the core idea of corporate accountability for misconduct within a commercial organization.
Option a: 'True' — In many legal frameworks, organizations can be prosecuted when they fail to prevent corruption or when corrupt activities occur due to inadequacies in governance, controls, or procedures. This reflects the principle of corporate liability, where a company can be held responsible for the acts of its employees or agents if adequate preventative measures were not in place.
Option b: 'False' — This would imply that organizations cannot be prosecuted for corruption, which conflicts with established concepts of corporate liability in numerous jurisdictions. While individuals can be charged, the premise that the organization itself cannot face prosecution ignores laws that hold entities accountable for failing to implement reasonable anti-corruption controls.
Additional nuance: The statement emphasizes both allowing corruption and failing to implement adequate procedures. If those procedures were plainly deficient or nonexistent, many legal regimes would indeed consider pursuing the organization in addition to or instead of solely individuals.
In summary, the claim aligns with the expectation that organizations may be prosecuted when corruption is allowed to occur due to inadequate preventive measures, making 'True' the correct interpretation in contexts recognizing corporate liability.

The commercial organization and its management can be prosecuted because of allowing corruption to happen and failing to implement adequate procedures to prevent corruption from happening.

View Explanation

Log in for full answers

Similar Questions

Anderson was bribing RM50 000 to company XYZ to get the contract of supplying the computers of his company. If he is found guilty, the following are the other people that will be charged too under corporate liabilities except for ______________

The commercial organization and its management can be prosecuted because of allowing corruption to happen and failing to implement adequate procedures to prevent corruption from happening.

Allan was bribing RM50 000 to company XYZ to get the contract of supplying the computers of his company. If he is found guilty, the following are the other people that will be charged too under corporate liabilities except for ____________.

Allan was bribing RM50 000 to company XYZ to get the contract of supplying the computers of his company. If he is found guilty, the following are the other people that will be charged too under corporate liabilities except for ____________.

A contract entered into by a corporation is enforceable:

Bill owns, operates and is the sole employee of a candy store called Bill's Candy Corporation. A batch of candy was sold past the best-before date. Who should the consumer sue as the responsible party?

In a consumer society, many adults channel creativity into buying things

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler