SOX Imposed the Following New Penalties for Executives

question 10

Multiple Choice

SOX imposed the following new penalties for executives.

• A)Fines
• B)Suspension
• C)Criminal prosecution for executives
• D)Return of ill-gotten gains
• E)All of the above

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Definitions:

Assignability

The capability of a contract or right to be transferred from one party to another.

Public Policy

Principles and standards considered by governments in the management of public affairs and the protection of the interests of the society.

Delegation

The act of assigning responsibility or authority from one person or group to another person or group.

Assignment

The transfer of rights, property, or obligations from one party to another. This broad term is used across various legal contexts, including in contracts and real estate.