Is this a violation of the sarbanes-oxley act

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Question: 1. The ABC Tool Corp. sold 10,000 shares of its stock to a private investor for $10 million. Must it register this stock with the SEC and provide the investor with information about the company and its stock?

2. Hokey and Company, an accounting firm, provided auditing services to Jones Pipe Company. One December, it provided every officer of the company with a free trip to Hawaii. Is this a violation of the Sarbanes-Oxley Act?

Reference no: EM131494301

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