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In the Bank of America Case, Former General Counsel Timothy

Question 109

Multiple Choice

In the Bank of America case, former general counsel Timothy Mayopoulos was meeting with the Board of Bank of America:


A) Because SOX requires that counsel report up to the board.
B) Because SOX prohibited him from meeting with the CFO.
C) Because outside counsel was not permitted to meet with the board.
D) Because the SEC required him to do so.

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