Criminal sanctions for accountants are limited to punitive fines.
For a misrepresentation to be material, it must be likely to induce a reasonable person to
manifest assent or the maker must know that it would be likely to induce the recipient
to do so.
The purpose of tort law is to punish the wrongdoer.
Employees’ concerted activities, such as strikes and picketing, have always been an
important means of obtaining higher wages and better working conditions in American
labor law.
The “rule of reason” requires the courts to balance the anticompetitive effects of
behavior in restraint of trade with its positive effects on competition.
Robbery is a larceny accompanied by force or a threat of force.
The SEC’s 2005 revisions greatly restrict the rules regarding written communications
before and during registered securities offerings.