Question

The safe-harbor provision:​ a. ​none of the above b. ​is part of SOX. c. ​provides lawyers with protection from "up the ladder" reporting. d. ​allows the sale of securities prior to the effective date of the registration statement.

Answer 1

Answer:

The correct answer is letter "A": none of the above.

Explanation:

The safe-harbor law is a regulation that helps defendants to be found not liable on certain situations under certain conditions where according to strict law they were to be responsible. Most of the time, in cases where the law is so unclear or unknown, defendants can be subject to the safe-harbor provision for their liabilities to be forgiven.