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:

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed, including wages, salaries, bonuses, and benefits.

Third Market

A trading segment where exchange-listed securities are traded over-the-counter (OTC) between institutional investors, typically by brokerage firms or securities dealers to provide liquidity.

Fourth Market

A market where institutional investors trade securities directly among themselves without the use of a broker.

Difference

The result obtained when one quantity is subtracted from another.