Which of the Following Was a Fear Expressed by the New

question 30

Multiple Choice

Which of the following was a fear expressed by the new Constitution's critics?

• A) Americans would consider themselves superior to other nations and declare war unreasonably.
• B) The rights of the wealthy upper classes would not be protected because of the principle of equality before law.
• C) A republican form of government would not work in a nation the size of the United States.
• D) A slave rebellion would ensue because the problem of slavery in the northern states was unresolved despite widespread disapproval.
• E) Extensive individual freedom in the hands of the common people would lead to chaos.

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Definitions:

Sarbanes-Oxley Act

A U.S. federal law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.

Public Company Auditors

Are independent entities or individuals tasked with examining and verifying the accuracy of a publicly traded company's financial statements.

Audit Committees

A subcommittee of a company's board of directors responsible for overseeing financial reporting and disclosure.

Working Papers

Documents that contain the data and analysis used by accountants and auditors as part of their examinations.