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What Is the Main Purpose of the Sarbanes-Oxley Act of 2002

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What is the main purpose of the Sarbanes-Oxley Act of 2002?


Definitions:

Severed Contract

A contract that has been divided into separate parts, treating each as distinct for purposes of enforcement or breach.

Personal Torts

Legal actions based on claims of injury or harm to an individual's body, emotions, or reputation.

Parental Liability

A legal principle holding parents legally responsible for certain actions of their minor children.

Motorcycle Crash

An incident involving a motorcycle that results in damage or injury, often requiring legal, medical, or insurance intervention.

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