Sarbanes-Oxley Act 2002 Sarbanes-Oxley Act 2002 The Sarbanes-Oxley Act is named after two Senators who were considered the architects of the act and setting into motion the deadlines for compliance with it. These Senators were Paul Sarbanes and Michael Oxley. The Sarbanes-Oxley Act was brought into force in 2002 to help regulate financial practices of corporations. This was mostly due to the actions of Enron and WorldCom scandals. The management of these corporations was not being truthful with
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Chapter 7 terms & Key Points Admiralty Courts Stamp Act and Sugar Act offenses were tried in this court. Juries were not allowed and the burden of proof was on the defendant. All were assumed to be guilty until proven innocent. Trial by jury and innocent until proven guilty were basic rights that the British people everywhere had held dear. Boston Port Act One such law was the Boston Port Act. It closed the Boston harbor until damages were paid and order could be ensured. British East India Company
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One of the biggest violations to American Civil Rights is the Patriot Act. “The USA PATRIOT Act is an Act of the U.S. Congress that was signed into law by President George W. Bush on October 26‚ 2001. The act greatly reduced restrictions that were placed on law enforcement agencies and gave them the ability to search telephone‚ e-mail communications‚ medical‚ financial‚ and other records. It eased restrictions on foreign intelligence gathering within the United States and expanded the Secretary of
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seen a lot of fraud within corporations. In several instances the acts by greedy corporations have ruined not only the employees but the public stock and investors or shareholders. In order to safeguard the public from fraud‚ the government implanted regulator laws. The Sarbanes-Oxley Act of 2002 is mandatory. To prevent the dishonest practices all organizations are required to comply with The Sarbannes-Oxley Act of 2002. The act is named after Senator Paul Sarbanes and Representative Michael Oxley
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The Landrum-Griffin Act of 1959 The Labor-Management Reporting and Disclosure Act (LMRDA)‚ also known as the Landrum-Griffin Act of 1959 has brought about significant changes for U.S. labor unions. It is important to know what led to the creation of the act and how the act changed labor unions entirely. The paper will examine the history of labor crime on one of labor unions largest unions‚ the Teamsters. The paper will also discuss the creation of the Landrum-Griffin Act of 1959 and will examine
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raw=Social%20Security%20Act Social Security Act 1. purpose? An act to provide for the general welfare by establishing a system of Federal old-age benefits‚ and by enabling the several States to make more adequate provision for aged persons‚ blind persons‚ dependent and crippled children‚ maternal and child welfare‚ public health‚ and the administration of their unemployment compensation laws; to establish a Social Security Board; to raise revenue‚ etc. On August 14‚ 1935‚ the Social Security Act established a system
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The clean water act was passed in 1948 but back then it was called the Federal Water Pollution Control Act. The act was reorganized and expanded in 1972 and changed the name to Clean Water Act and made some amendments. The clean water act makes it unlawful to discharge any pollutant from a point source into lakes‚ rivers and coastal waters‚ unless a permit is obtained‚ (epa.gov). Homes that are connected to a municipal system‚ use a septic system‚ or do not have a surface discharge do not need a
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Information Technology Acts There are several advances in information technology that resulted in new ethical issues necessitating the creation of certain acts. The two acts which will be discussed in this paper are the Children’s Internet Protection Act of 2000‚ and the Family Educational Rights and Privacy Act of 1974. Children’s Internet Protection Act‚ 2000 The Children’s Internet Protection Act (CIPA) is a federal law which was passed by Congress to allocate the offensive content over the
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Nursing Practice Act Being a former nursing student in the state of Pennsylvania I have had the Nursing Practice Act of Pennsylvania. Before this assignment I knew little of the Pennsylvania laws and absolutely none of the state of Florida. Every state has their set of laws‚ which is referred to the Nursing Practice Act. Every nursing student must have a copy. The nursing practice act ensures that anyone practicing does not fall below the minimum competency and does not present danger to the public
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History It can easily be said that the Stamp Act of 1765 was the beginning of the revolution for the colonies of North America. Before the Stamp Act‚ there were other failed attempts to tax the colonies by the British parliament. Each attempt to gain money from the colonies was unlawful because there was a lack of representation from Parliament. The Stamp Act of 1765 was very detailed and expensive for the colonists. The Stamp Act was the final act of taxation by Parliament before the colonies started
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