Review Assignment
Please write in complete sentences. You should work on this assignment as you go through the assigned readings and chapters in your textbook. Avoid copying directly from the text. Your responses should be in your own words.
1. What is the purpose of the World Trade Organization?
2. Name and describe the two global dispute resolution methods.
3. Briefly describe the roles and the fiduciary obligations of the shareholders in a corporation.
4. Briefly describe the roles and the fiduciary obligations of the board of directors in a corporation.
5. Briefly describe the roles and the fiduciary obligations of the officers and managers in a corporation.
6. What is the purposeof the Securities and Exchange Commission (SEC)? Briefly explain the basic structure of this organization.
7. What is the definition of a security?
8. What was the purpose of the Securities Act of 1933?
9. What additional requirements were added to the Securities and Exchange Act of 1934?
10. Briefly describe the Sarbanes-Oxley Act of 2002. How did it come about and what is its purpose?