Dean, Inc., a publicly traded corporation, paid a $10,000 bribe to a local zoning official. The bribe was recorded in Dean's financial statements as a consulting fee. Dean's unaudited financial statements were submitted to the SEC as part of a quarterly filing on Form 10-Q. Which of the following federal statutes did Dean violate?
A. Federal Trade Commission Act.
B. Securities Act of 1933.
C. Securities Exchange Act of 1934.
D. North American Free Trade Agreement.
Answer: C. Securities Exchange Act of 1934.
Business
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