Examlex
The maximum penalty for securities fraud under the Sarbanes-Oxley Act is years in prison.
Cooperative Federalism
A concept of federalism in which national, state, and local governments interact cooperatively and collectively to solve common problems, rather than making policies separately.
Great Depression
A severe worldwide economic downturn that occurred during the 1930s, starting in the United States.
Wall of Separation
A principle interpreting the establishment clause of the First Amendment to the United States Constitution as prohibiting government involvement with religious institutions.
Establishment Clause
A provision in the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion, ensuring the separation of church and state.
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