Which of the Following Was Passed Largely in Response to Business

question 12

Multiple Choice

Which of the following was passed largely in response to business scandals of the 2000s, such as Enron?

• A) RICO.
• B) The False Claims Act.
• C) The Sarbanes-Oxley Act of 2002.
• D) The Medicare Recovery Act.
• E) The Healthcare Fraud Act.

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Definitions:

Insured Person

An individual or entity covered under an insurance policy and eligible to receive benefits in case of a specific loss.

Nonpayment

The failure to fulfil a financial obligation, such as not making a required payment to a lender or vendor by the due date.

Insurance Company

A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments.

Insured Party

An individual or entity that is covered under an insurance policy and is entitled to receive compensation for loss, damage, or liability.