Which of the following statements about civil penalties is NOT correct?
A) Civil penalties include disqualification from managing a company and/or a penalty of up to $200,000.
B) Terms of imprisonment are limited to a maximum of 5 years.
C) The penalty is a civil debt payable to ASIC.
D) Proof of breach of a civil penalty provision is on the balance of probabilities.
Correct Answer:
Verified
Q22: What is the penalty for breach of
Q24: Which of the following is prohibited under
Q25: In the context of the Australian Consumer
Q26: Under the Bankruptcy Act 1966 (Cth) a
Q26: When will company directors and managers be
Q30: Which of the following is NOT an
Q34: Insider trading is not a criminal offence
Q35: Which of the following is NOT prohibited
Q39: Many people within the community perceive white-collar
Q40: What is the difference between embezzlement and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents