Please respond to one of the following topics. Post your intial response at least by Wednesday and then interact with two of your classmates about what they have posted at least by Sunday.
TOPIC 1: You have read about the Sarbanes-Oxley Act. Why do you suppose Congress passed this law? In your opinion, is the law providing any benefit for the average investor? Do you think if we have enough such laws, it will eventually be impossible to commit corporate fraud or similar activities?
TOPIC 2: What are the three distinct types of business activity in which companies engage? Assume that you start your own company to rent bicycles in the summer and skis in the winter. Give an example of at least one of each of the three types of business activities in which you would engage.