The ____ Amendment to the U

question 407

Multiple Choice

The ____ Amendment to the U.S. Constitution gives the federal government the power to impose income taxes.

• A) 14th
• B) 15th
• C) 17th
• D) the government is not allowed to impose income taxes
• E) none of the other choices are correct

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Definitions:

Sarbanes-Oxley Act

A federal law established in 2002 aimed at improving corporate governance and accountability, in response to financial scandals.

Securities Fraud

A type of serious financial fraud involving the manipulation of the securities markets, such as insider trading or misleading statements by companies.