All Things Business and Tech

As products and services became available in digital form or on the internet it created a dilemma with traditional terms of use agreements. The clickwrap agreement emerged as a popular method to finalize terms of purchase, service or product use. Image credit: Pixabay

The Sarbanes-Oxley Act was a motion made by U.S. Congress in 2002. The proposal was passed into law as a preventative means to increase financial transparency and mitigate fraud in corporate business. This law was a reaction to corporate scandals such as Enron, Tyco and WorldCom. While this law created a huge burden on organizations, many found ways to use SOX and apply it to their business strategies.

Image credit: Leigh Goessl The Sarbanes-Oxley Act was a motion by Congress to increase financial transparency and reduce fraud of publicly held companies. This law was passed immediately (2002) after a series of corporate scandals, most notably, Enron. Often referred to as "SOX", this compliance law has become deeply ingrained in the corporate sector.

Image credit: Pixabay Patents, trademarks and copyrights are different kinds of intellectual property protected by U.S. law. These protections include federal rights, international protections, and common-law rights of action should any kind of intellectual property be stolen or damaged.