Name the government agency whose information is valuable in tracing assets,establishing conflicts of interest,identifying dummy companies,and determining changes in financial status.
A)Department of Business Regulation
B)Permit Department
C)Secretary of State
D)County clerk

Question

Quizplus · Accepted Answer

The Secretary of State is responsible for maintaining records of registered businesses and their related filings, making it a valuable resource for tracing assets, identifying dummy companies, and tracking changes in financial status. The Department of Business Regulation and Permit Department may have some relevant information, but it is more specific to their respective areas of regulation and may not provide as comprehensive of a picture. The County Clerk may also have some relevant records, but their scope is generally limited to a specific locality.

Name the Government Agency Whose Information Is Valuable in Tracing