LAW 534 Study Guide - High Standard Manufacturing Company, Birds Eye View, Hot Pursuit
Document Summary
Final exam: cumulative but heavy focus on post-midterm material, 2 hours, open book, 7 true/false (2marks) 14, 9 short answer 26, total of 40 marks, seat #s posted online (mtcc metro toronto convention center) hall a. 2 conditions met: 10-10, act in good faith, must have lawful conduct. Include investigations whether or not charges are laid. 10-12, 10-13 go after individuals to deter the actions, not withstanding general corporate veil, so you will be personally liable. Corporation may not have 14159 but the individual may have 14159 Most plead guilty because they do not have the resources to mount a due diligence defence. If corporation no longer exists, only targets left may be individual corporate officers. E & o (insurance in case company is bankrupt: importance of company culture for compliance. Cross the rubicon passing the point of no return.