Question

T/F : even if a corporate officer does not have actual knowledge that a white-collar crime has taken place in her corporation, she can still be held liable for her employee’s crime.

Answer 1

True, corporate officers can indeed be held liable for employee's white-collar crimes under the responsible corporate officer doctrine even without actual knowledge due to vicarious liability.

Step-by-step explanation:

True. In the realm of corporate law, there is a concept known as vicarious liability, which holds that a superior can be held responsible for the actions of their subordinates even if they did not have actual knowledge of the misconduct. In the context of white-collar crime, corporate officers may face liability under the responsible corporate officer doctrine. This doctrine asserts that a corporate officer can be held criminally liable if they are in a position of authority and have the responsibility to prevent or correct a violation, and the violation occurred. This form of liability is designed to promote corporate compliance with laws and regulations. However, the specific circumstances and jurisdictional laws will ultimately dictate the extent of this liability.