Which of the following is a requirement under Sarbanes-Oxley?
majority of the board of directors must be independent.
inside officers can serve on the board of directors.
blow the whistle on their corporate clients engaged in fraud.
People from the United States pledged $3.3 billion to support the rebuilding efforts in Haiti
following the 2010 earthquake there.
However, after 3 years, half of the money has not been
dispersed, and nearly 500,000 people still live in tents. As a result, many who have made pledges
have decided not to fulfill the remainder of their pledges because of the inaction on the part of
the relief fund in getting the funds dispersed, the buildings rebuilt, and the housing constructed.
What issue is there about whether there is a contractual obligation?
inability to enforce international contracts.
pledge to make a gift is supported by consideration.
can be a pledge across country borders.
pledges were in writing.
A hostile tender offer is made:
board of the target company.
shareholders of the target company.