multiple choice question\nsarbanes-oxley has extended the statute of limitations regarding the discovery of…

multiple choice question\nsarbanes-oxley has extended the statute of limitations regarding the discovery of fraud to ______ years from the date of discovery of the fraud and ______ years from the criminal act.\no one; three\no three; seven\no two; five\no five; ten

multiple choice question\nsarbanes-oxley has extended the statute of limitations regarding the discovery of fraud to ______ years from the date of discovery of the fraud and ______ years from the criminal act.\no one; three\no three; seven\no two; five\no five; ten

Answer

Brief Explanations:

The Sarbanes - Oxley Act extended the statute of limitations for fraud to two years from the date of discovery of the fraud and five years from the criminal act. This is a key provision in corporate and securities law aimed at holding wrong - doers accountable for a longer period.

Answer:

C. two; five