IMF's Lagarde Won't Face Jail in Negligence Conviction

IMF's Lagarde Won't Face Jail in Negligence Conviction

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Christine Lagarde was found guilty of negligence for not overturning an arbitration decision in 2008, but she received no sentence due to her international status and the financial crisis context. She has one appeal option at the court Ocasio. Despite being aware of the French investment agency's opposition, she believed the chances of overturning the decision were slim. The verdict primarily affects her reputation, as she has faded from French politics and has no significant political plans that could be impacted.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was Christine Lagarde found guilty of negligence?

For ordering the initial arbitration

For failing to overturn the arbitration decision

For not attending the court

For mismanaging funds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of Christine Lagarde's verdict?

She was acquitted

She received a fine

She was sentenced to jail

She received no sentence

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the only option for Christine Lagarde to appeal the verdict?

Supreme Court

Court Ocasio

European Court

International Tribunal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Christine Lagarde's reasoning for not overturning the arbitration decision?

She was not in a position to make the decision

She was advised against it by her lawyers

She was unaware of the option

She believed the chances of success were low

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main impact of the verdict on Christine Lagarde's career?

Ineligibility for future positions

Financial loss

Reputational damage

Loss of political power