White Collar Crime (you have more money), legal homework

label Law
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

If two companies commit the exact same offense, should one of them be punished more severely because it is larger and wealthier?

 

Why or why not?

Jan 16th, 2016

Thank you for the opportunity to help you with your question!

A legal system may be evaluated in a variety of ways by economists, legal scholars, or moral philosophers. Through most of this article, however, I shall assume that it has only one purpose: economic efficiency. I view a legal system as a set of rules designed to affect behavior; a change in legal rules is an improvement if the summed benefits to those affected, measured by their money equivalent, is larger than the summed losses, where the money equivalent of a benefit or loss is the largest sum the affected party would pay to receive the benefit or avoid the loss.

From this perspective, i think that the larger and wealthier company should be punished more severely.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jan 16th, 2016

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Jan 16th, 2016
...
Jan 16th, 2016
Jun 25th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer