Question 1. Do you believe that we have too much, just enough, or too little regulation of business in this country? Explain your answer.
Question 2. Can businesses properly self-regulate in lieu of governmental regulation? As examples, consider motion picture ratings done by the MPAA and airline deregulation.
Question 3. How does the Sarbanes-Oxley legislation impose additional requirements on companies? Will these requirements lead to more open and fair reporting of company results?
Question 4. Why is limited liability important for raising capital in a new venture?
Question 5. Are insider trading laws and the agencies that enforce them an efficient use of public resources given the number of insider trades that go undetected or unenforced? Would the public and taxpayers be better served by warnings that insider trading occurs in stock trading on national exchanges rather than continuing efforts to thwart it? Explain your answers.