What can be surmised from the existence of the Sarbanes-Oxley Act?
A) There are sometimes legal requirements with respect to having a code of ethics.
B) Companies without codes of ethics are bound to violate the law.
C) Federal law requires that every company have a written code of ethics.
D) The federal government has dictated the content of codes of ethics for many companies.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, enacted in response to financial scandals, includes provisions that imply legal requirements for having a code of ethics, especially for certain positions within public companies, highlighting the importance of ethical conduct in corporate governance.

What Can Be Surmised from the Existence of the Sarbanes-Oxley