Under the FCPA,the "Routine Governmental Action Exception" Is Also Known

question 1

Multiple Choice

Under the FCPA,the "routine governmental action exception" is also known as the:

• A) "accepted payments" exception.
• B) "grease payments" exception.
• C) "necessary payments" exception.
• D) none of these are correct.

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Definitions:

Inflation Rate

The rate at which prices for all goods and services climb, resulting in a decrease in the ability to purchase.

Holding-Period Return

The return on an investment over the period it is held.

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis.

Nominal Rate of Interest

The rate of interest before adjustments for inflation, reflecting the face-value rate of interest paid on a loan or received from an investment.