The FCPA Requires All SEC Registrants to Have Each of the Following

question 9

Multiple Choice

The FCPA requires all SEC registrants to have each of the following except:

• A) Maintain internal accounting controls
• B) Ensure all transactions are authorized by management and recorded properly
• C) Maintain information systems that prevent fraudulent activities that violate the FCPA
• D) Maintain adequate books and records to fairly reflect an issuer's transactions and disposition of assets

Grasp the principles governing the delegation of duties and assignments of rights in contracts.

Identify the conditions under which a contract may prohibit or restrict assignments and delegations.

Understand the rights and obligations of assignors, assignees, obligors, and obligees in the context of assigned contracts.

Recognize the legal consequences of not notifying parties involved in an assignment.