The ________ Act, Enacted by Congress in 2002, Requires Public

question 76

Multiple Choice

The ________ Act, enacted by Congress in 2002, requires public companies to adopt codes of ethics and establishes criminal penalties for companies that partake in violations.

• A) Glass-Steagall
• B) Sarbanes-Oxley
• C) False Claims
• D) Business Norms

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Definitions:

Revoke

To officially cancel or withdraw an offer, privilege, or power that was previously given.

Defects

Imperfections or faults in a product, system, or process that can cause it to be unsafe, unreliable, or to fail to meet expectations.

Express Warranties

Explicit assurances provided by a seller about the quality, functionality, or nature of a product.

Advertisements

Promotional messages and materials designed to attract public interest in purchasing a product or service.