The Sarbanes-Oxley Act, or SOX
A) holds corporate advisors strictly accountable in a legal sense for any instances of misconduct.
B) pretexts the interests of shareholders by providing greater protection against accounting
fraud and financial misconduct.
C) reduces the cost of financial reporting by standardizing reporting requirements.
D) accomplishes both A and B.
D
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All of the following are prohibited under the antitrust laws EXCEPT
A) Competing property management companies' agreeing to standardized management fees B) Competing brokers' allocating markets based on the value of homes C) Real estate companies' agreeing NOT to cooperate with a broker because of the fees that broker charges D) A broker's setting a company commission schedule
It is considered ethical to divulge confidential information when
A) the person providing the information is unethical. B) you know that a coworker is looking for a job. C) the company does not have an ethical code prohibiting such behavior. D) the welfare of others is at stake.