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What Effect Did the 2008-2009 Financial Crisis Have on the Sarbanes-Oxley

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What effect did the 2008-2009 financial crisis have on the Sarbanes-Oxley Act?

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Definitions:

Binding Contract

An agreement between two or more parties that is enforceable by law.

Outdated

Pertains to something that is no longer current, useful, or relevant due to the passage of time or advances in technology or knowledge.

Voidable

A term referring to a contract that may be legally declared invalid or unenforceable by one of the parties.

Duress

A situation where a person performs an act as a result of violence, threat, or other pressure against the person.

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