Bryant Knowingly Destroyed Documents in Order to Impede an SEC

question 50

Multiple Choice

Bryant knowingly destroyed documents in order to impede an SEC investigation of his company.Under the Sarbanes-Oxley Act:

• A)Bryant is subject to fines.
• B)Bryant is subject to imprisonment of up to 20 years.
• C)only Bryant's company, rather than Bryant, will be subject to criminal penalties.
• D)Both (a) and (b).

---

Definitions:

Return

The increase or decrease in value of an investment during a set period, represented as a percentage of the investment's starting price.

S&P/TSX Composite Index

A market index representing the performance of the Canadian stock market, compiled by the Standard & Poor’s company.

Diversifiable Risks

Risks associated with individual investments that can be reduced or eliminated through portfolio diversification.

Individual Firm

An independently owned and operated company that is limited in size and in revenue depending on the industry.