One Unintended Consequence of Sarbanes-Oxley

question 50

Multiple Choice

One unintended consequence of Sarbanes-Oxley

• A)is that international companies are starting to prefer issuing Eurobonds bonds in the private placement market in the U.S. to avoid costly information disclosure required of registered bonds.
• B)is that international companies are starting to prefer to issue Yankee bonds in the private placement market in the U.S.
• C)is that international companies are starting to prefer issuing Yankee bonds in the bearer bond market in the U.S. to avoid costly information disclosure required of registered bonds.
• D)is that international companies have left the bond market in the U.S. to avoid costly information disclosure required of registered bonds.

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Definitions:

Implied-in-Law Condition

A requirement understood within legal agreements or contracts, not explicitly stated but legally binding.

Concurrent Conditions

Circumstances or events that occur at the same time or under the same conditions, often in legal or contract terms.

Mutual Duties

Obligations or responsibilities that are shared reciprocally between parties in a contract or agreement.

Performance

The execution or accomplishment of a task, contract, or duty as required or agreed.