Circle sentencing refers to the sentence/punishment that require the offender to follow a certain type of rehabilitation program so they can be educated and not repeat the same type behavior again.
Pros of circle sentencing
- the rate of re-occurrence for the same crime would be dramatically reduced.
- Since the rehabilitation program would include the combination of soft-skill and hard- skill, the offender might come out becoming a more functional member of society.
Cons of circle sentencing
- This type of programs usually cost a lot of money for the federal government. So they would most likely increase the tax rate in order to achieve this.
Answer: Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.
Explanation:
All the options except the above are true. Ultramares corporation v. Touche did establish the Ultramares doctrine.
United States v. Natelli sentenced two CPAs to prison for a year, in addition to fines, for violating the Securities Exchange Act of 1934.
Bily v. Arthur Young did not uphold the restatement doctrine. The restatement doctrine restatement doctrine makes an auditor liable to people who rely on the quality of his work be they his clients or third parties. Two high courts ruled that auditors are not liable to third parties who use their work but only to the party that contracted their work.
However, Hochfelder v. Ernst & Ernst ruled that an allegation of scienter (an intention to deceive) is not required before CPAs can be held liable as long as the actions constitute actual deception.
While rule 10b-5 of the Exchange Act states the presence of scienter as a requirement to commit an offense, the court ruled against the statute by eliminating the Scienter clause from criminal statute and ruled against Ernst & Ernst.
Answer:
B.
Explanation:
display the flag only from sunrise to sunset, not during night
