Author Question: Following an automobile stop and the issuance of a citation, the officer may search the automobile ... (Read 75 times)

lindiwe · **on:** Aug 24, 2018

Following an automobile stop and the issuance of a citation, the officer may search the automobile for contraband.

Indicate whether the statement is true or false

Question 2

Discuss the Sarbanes-Oxley Act of 2002 in terms of its purpose and effectiveness.

What will be an ideal response?

Perkypinki · **Reply #1 on:** Aug 24, 2018

Answer to Question 1

FALSE Knowles v. Iowa (1998 )

Answer to Question 2

The Sarbanes-Oxley Act of 2002 was enacted in response to the rash of corporate fraud that occurred in companies such as Enron, Tyco International, and WorldCom. Many employees and investors lost all their savings, retirement benefits and livelihood. The act requires public companies to adhere to new and improved accounting standards intended to, among other things, eliminate insider trading, disclose internal controls and financial reporting, and impose longer maximum jail sentences on corporate executives who attempt to alter or falsify financial information. The primary criticism is that the corporate executives are not subjected to forfeiture provisions, so even if they commit fraud they are still able to keep all their money, toys, houses and other spoils. The debate over its effectiveness continues because while there have been no recent reports of rampant corporate fraud, there is still doubt as to whether it is consistently or frequently enforced.