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alekssr [168]
3 years ago
9

Please use caucion when entering this area as the floor can be slippary.

Law
1 answer:
madreJ [45]3 years ago
8 0
Thank you, I appreciate the warning.
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Under the Sarbanes-Oxley Act of 2002, it is a felony for an auditor to willfully fail to maintain proper records of audits and w
Svetllana [295]

Under the Sarbanes-Oxley Act of 2002, it is a felony for an auditor to willfully fail to maintain proper records of audits and work papers for at least five years.

Option d

<u>Explanation: </u>

The Sarbanes-Oxley Act 2002 is a federal act providing rigorous auditing of government corporations ' banking regulations. Legislators also produced legislation to ensure safety for investors, employees and the community from accounting irregularities and dishonest financial practices.

Sarbanes-Oxley offers for a new act entitled "Corporate and Criminal Fraud Accountability Act 2002" (CCFA Act), which promises to change federal criminal law to the following:

  • Prohibit anyone from intentionally changing, damage, mutilation, and covering, cover-up, falsifying or accessing any documents in a matter that is within the competence of any government agency or any federal bankrupt case, obstructing or affecting an inquiry.
  • Forbid an auditor from intentionally or inadvertently not holding any inspection or examination papers relating to a government undertaking over a five-year period although it's not a felony for Sarbanes-Oxley to hold these working papers for at least 5 years, over seven years, the auditors must retain their records.
8 0
3 years ago
What does the Supreme Court have the power to do?
Ipatiy [6.2K]

Answer:

A lot!

Explanation:

Supreme Court Background

Article III of the Constitution establishes the federal judiciary. Article III, Section I states that "The judicial Power of the United States, shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish." Although the Constitution establishes the Supreme Court, it permits Congress to decide how to organize it. Congress first exercised this power in the Judiciary Act of 1789. This Act created a Supreme Court with six justices. It also established the lower federal court system.

The Justices

Over the years, various Acts of Congress have altered the number of seats on the Supreme Court, from a low of five to a high of 10. Shortly after the Civil War, the number of seats on the Court was fixed at nine. Today, there is one Chief Justice and eight Associate Justices of the United States Supreme Court. Like all federal judges, justices are appointed by the President and are confirmed by the Senate. They, typically, hold office for life. The salaries of the justices cannot be decreased during their term of office. These restrictions are meant to protect the independence of the judiciary from the political branches of government.

The Court's Jurisdiction

Article III, Section II of the Constitution establishes the jurisdiction (legal ability to hear a case) of the Supreme Court. The Court has original jurisdiction (a case is tried before the Court) over certain cases, e.g., suits between two or more states and/or cases involving ambassadors and other public ministers. The Court has appellate jurisdiction (the Court can hear the case on appeal) on almost any other case that involves a point of constitutional and/or federal law. Some examples include cases to which the United States is a party, cases involving Treaties, and cases involving ships on the high seas and navigable waterways (admiralty cases).

Cases

When exercising its appellate jurisdiction, the Court, with a few exceptions, does not have to hear a case. The Certiorari Act of 1925 gives the Court the discretion to decide whether or not to do so. In a petition for a writ of certiorari, a party asks the Court to review its case. The Supreme Court agrees to hear about 100-150 of the more than 7,000 cases that it is asked to review each year.

Judicial Review

The best-known power of the Supreme Court is judicial review, or the ability of the Court to declare a Legislative or Executive act in violation of the Constitution, is not found within the text of the Constitution itself. The Court established this doctrine in the case of Marbury v. Madison (1803).

In this case, the Court had to decide whether an Act of Congress or the Constitution was the supreme law of the land. The Judiciary Act of 1789 gave the Supreme Court original jurisdiction to issue writs of mandamus (legal orders compelling government officials to act in accordance with the law). A suit was brought under this Act, but the Supreme Court noted that the Constitution did not permit the Court to have original jurisdiction in this matter. Since Article VI of the Constitution establishes the Constitution as the Supreme Law of the Land, the Court held that an Act of Congress that is contrary to the Constitution could not stand. In subsequent cases, the Court also established its authority to strike down state laws found to be in violation of the Constitution.

Before the passage of the Fourteenth Amendment (1869), the provisions of the Bill of Rights were only applicable to the federal government. After the Amendment's passage, the Supreme Court began ruling that most of its provisions were applicable to the states as well. Therefore, the Court has the final say over when a right is protected by the Constitution or when a Constitutional right is violated.

Role

The Supreme Court plays a very important role in our constitutional system of government. First, as the highest court in the land, it is the court of last resort for those looking for justice. Second, due to its power of judicial review, it plays an essential role in ensuring that each branch of government recognizes the limits of its own power. Third, it protects civil rights and liberties by striking down laws that violate the Constitution. Finally, it sets appropriate limits on democratic government by ensuring that popular majorities cannot pass laws that harm and/or take undue advantage of unpopular minorities. In essence, it serves to ensure that the changing views of a majority do not undermine the fundamental values common to all Americans, i.e., freedom of speech, freedom of religion, and due process of law.

5 0
3 years ago
Read 2 more answers
Write a brief summary (one paragraph each of 3-5 sentences) of the New Jersey v. T.L.O. and Vernonia v. Acton cases.
blagie [28]

Answer:

How are the cases similar to each other? In other words, why would the earlier case be a precedent in the decision for the other?

What are the main arguments for each side in the Vernonia v. Acton case? What details does each side use to support their opinion?

Which side in the Vernonia v. Acton case had the stronger argument and why? (It's okay to choose either side. You will not be graded on your opinion, but rather on how well you support it with facts. Remember that even Supreme Court justices do not always agree!) pls keep it organized

Explanation:

7 0
3 years ago
Read 2 more answers
The Fourteenth Amendment establishes that no state can be allowed to remove any rights of citizens, that all persons who are bor
Schach [20]

Answer:

True.

Explanation:

The 14th Amendment is an amendment to the constitution of the United States of America and it addresses the issue of civil and legal rights for the African American citizens and slaves who had gained freedom after the American Civil War. The 14th Amendment is made up of the clause known as the equal protection of the laws.

An equal protection is a clause that states and guarantees that no state and local governments shall make or enforce any law which would contravene the privileges, rights or immunities of all persons born or naturalized in the United States of America.

Simply stated, the equal protection guarantees that all citizens will be treated equally by the law. Also, the equal protection clause took effect in the United States of America in 1868.

7 0
3 years ago
A professor at the University of New Zealand noticed that whenever there were many planes flying directly over the University wh
Agata [3.3K]

The fallacy used by the teacher is called the fallacy of false causality.

<h3>How is this fallacy established?</h3>
  • The fallacy of false chance establishes a relation between two elements.
  • This relationship is false and does not present any type of interaction.

The fallacy of false causality establishes two elements in a cause-and-effect relationship, however, this relationship is false.

This can be seen in the statement made by the professor, where he shows that the passage of planes is responsible for the hot weather. However, the increase in temperature is caused by weather factors that are not influenced by airplanes.

Therefore, there is no cause-and-effect relationship between the planes and the climate of the region, which shows that this statement is incorrect.

Learn more about fallacies:

brainly.com/question/1178948

#SPJ1

4 0
1 year ago
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