Business law Assignment Example | Topics and Well Written Essays - 250 words - 2

Business law - Assignment Example Such professionals prevent embezzlement of funds and ensure that the business operate effectively to meet its goals. At the same time, it is advantageous to have proper power legislation systems such as the Public Company Accounting Oversight Board (PCAOB). The board acts as an oversight commission that manages the activities of any firm. Even though such mechanism can be adopted in the system, there is no 100 percent assurance that the system will be effective. This is based on loopholes and cartels that operate in the corporate society. With the increase in the number of corruption cases in the prosecution system, it is hard to apprehend all aggressive violators of white collar-crimes. Constitutional protections apply to different persons charged with crimes. However, this statement does not imply that a person guilty of business crimes should be given a lighter sentences than those found in burglary cases. This is based on the fact that evaluations of the accused are done prior to the sentencing. In addition, most common law criminal penalties were created in order to exercise fair trial in a court of law. Therefore, individuals should be convicted in regard to the magnitude of their judicial cases (Twomey & Jennings,