Max fine under original Act was likely less than 10,000 (amended later)?

A. TRUE
B. FALSE
C. -
D. -
Correct Answer: A. TRUE

The statement is TRUE. It is common for original legislative acts to prescribe maximum fines that, by today's standards, appear relatively low. These fines reflect the economic conditions and legislative priorities at the time of the Act's enactment. Over time, due to inflation, changes in economic value, and a desire to increase deterrence, such monetary penalties are frequently amended and increased. Therefore, it is highly probable that the maximum fine under the original Act was indeed less than 10,000 and was subsequently amended to a higher amount.

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