The Sarbanes-Oxley Act Flashcards Preview

Fundamentals of Business Law and Ethics > The Sarbanes-Oxley Act > Flashcards

Flashcards in The Sarbanes-Oxley Act Deck (4)
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1

Model Act

Shareholders acting in good faith and with a proper purpose have the right to inspect and copy the corporation's minute book, accounting records, and shareholder lists

2

Proper purpose

One that aids the shareholder in managing and protecting her investment.

3

Right to Vote

A corporation must have at least one class of stock with voting rights

4

Quorum

Attendance requirement for companies' shareholders at meeings