Although Initially, Companies Did Not Object to the Compliance Costs

question 1

True/False

Although initially, companies did not object to the compliance costs of Sarbanes-Oxley, after 10 years experience with the law, they now object strenuously

---

Definitions:

Unconscionability

A legal principle related to contracts that are so one-sided or unfair to one of the parties that they are considered voidable.

Unconscionability

A contract term that is so unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.

Contract Negotiating Procedures

The systematic steps and methods used during the process of reaching an agreement on contractual terms.

Auction With Reserve

A type of auction in which the seller reserves the right to accept or reject the highest bid.