The sarbanes-oxley act in 2002 was primarily prompted by ______ from the 1990s?

History

1 answer:

Oxana [17]3 years ago

4 0

The correct answer is Corporate accounting and financial fraud

The Sarbanes-Oxley Act is a United States law created on July 30, 2002 at the initiative of Senator Paul Sarbanes (Democrat) and Representative Michael Oxley (Republican). According to most analysts, this law represents the biggest reform of the American capital market since the introduction of its regulation, shortly after the financial crisis of 1929.

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California and its Constitution are prohibited from violating fundamental rights provided by the United States Constitution. While the United States Constitution is the supreme law of the land.

<h3>What is constitution?</h3>

Constitution refers to the document which contains all the set of the laws and the principles in order to govern the nation. All the government bodies, agencies, institute and the company are abide by the laws of the constitution.

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The constitution of the California and United States contains the general similarity. They both two chambers of the houses that mean they have bicameral legislature.

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