Question

In 2002, the u.s. government responded to the rash of notorious corporate scandals by enacting which act

Answer 1

Sarbanes-Oxley Act

It is also known as the Public Company Accounting Reform and Investor Protection Act.The bill, which contains eleven sections, was enacted as a reaction to a number of major corporate and accounting scandals, including Enron and World-Com. It also covers private companies for certain actions such as willful destruction of evidence.