Public Law Involves

question 59

Multiple Choice

Public law involves:

• A)two private parties
• B)a mediation specialist
• C)an arbitration specialist
• D)the government

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Definitions:

Significant Losses

Large or impactful financial, material, or reputational reductions experienced by individuals, organizations, or entities.

Private Securities Litigation Reform Act

A 1995 United States federal law that increased the standards for initiating securities fraud litigation to protect companies from frivolous lawsuits.

Illegal Conduct

Activities or actions that are forbidden by law, regulations, or statutes.

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest.