Which of the Following Is True with Regard to the OECD

question 53

Multiple Choice

Which of the following is true with regard to the OECD Anti-Bribery Convention?

• A) The Convention requires signatories to make the act of bribery and the making of other forms of illicit payments to foreign public officials a criminal offense, whether paid directly or indirectly.
• B) Small "facilitation" payments that are not made "to obtain or retain business" are viewed as an offense.
• C) According to the Convention, the definition of a foreign public official excludes officials of public agencies and public enterprises at least 50 percent owned by the government.
• D) The Convention pertains to private-to-private bribery.

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Definitions:

Ownership Right

The legal entitlement to use, control, or dispose of property, assets, or resources as the owner sees fit.

Future Profits

The anticipated financial gains that a business expects to earn in future periods from its operations.

Vigilant Investors

Investors who actively monitor and evaluate their investments and market conditions to protect and grow their assets.