corporate crime

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The acts or omissions of a company or other formal body that are punishable in criminal courts. Such acts or omissions are usually for the benefit of the organization at the behest of an individual or group of individuals at management level within the organization. It was held in HL Bolton (Engineering) Co Ltd v TJ Graham & Sons Ltd [1956] 3 All ER 624 that ‘The state of mind of these people is the state of mind of the company and is treated by the law as such’. These acts or omissions may be to the detriment of other employees, customers, consumers, or the public at large.

Subjects: Law.

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