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According to the Sarbanes-Oxley Act, an Attorney Has the Duty

Question 60

Multiple Choice

According to the Sarbanes-Oxley Act, an attorney has the duty to "report up" any evidence of material violation by an issuer, its officer, director, employee or agent. Here reporting up means:


A) filing suit against the directors for the violation.
B) reporting the violations to a chief legal officer or qualified legal compliance committee.
C) publishing the violation in the media.
D) informing the shareholders about the violation.

Correct Answer:

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