Identify Two of the Federal Agencies That Enforce Social Responsibility

question 26

Essay

Identify two of the federal agencies that enforce social responsibility legislation and explain their primary roles.

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Definitions:

Release

A legal agreement in which one party forfeits the right to make a claim against another in exchange for compensation or another benefit.

Court Orders

Legal directives issued by a judge or a court that require a person or entity to do or not do specific actions.

Securities Exchange Act of 1934

A law governing the trading of securities, such as stocks and bonds, aiming to prevent fraud and manipulation in the securities markets.

Scienter

refers to knowledge of wrongdoing or fraudulent intent, often a necessary element to prove liability in fraud cases.