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Name Three Sarbanes-Oxley Act Requirements and Duties of the Members

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Essay

Name three Sarbanes-Oxley Act requirements and duties of the members of the audit committee of a public company.


Definitions:

Fifth Amendment

An amendment to the US Constitution that provides several rights to individuals, including protection against self-incrimination and double jeopardy.

Defective Corporation

A corporation about which an error or omission was made during its incorporation process.

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

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