Which of the Following Laws Does Not Govern Data Access

question 19

Multiple Choice

Which of the following laws does not govern data access, retention, and destruction?

• A)Sarbanes-Oxley (SOX) Action
• B)Hatch Act
• C)Health Insurance Portability and Accountability Act (HIPAA)
• D)Presidential Records Act

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Definitions:

Liquidation

The process of converting assets into cash or other forms of payment to settle debts with creditors during the closure of a business.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests.

Corporation

A legal entity that is separate from its owners, providing limited liability protection, and having the capacity to own assets, incur liabilities, and sell stock.

Paid-in Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares themselves plus any amount paid in excess.