Which of the Following Statements About Bribery Is Most Accurate

question 37

Multiple Choice

Which of the following statements about bribery is most accurate?

• A) Bribes, kickbacks, and payoffs offered to entice someone to commit an illegal or improper act are deemed corrupt in some cultures but not in others.
• B) The world's major exporting nations have agreed to treat bribery of foreign government officials as a violation of trade agreements.
• C) Bribes paid to foreign companies are in some cases a tax-deductible expense in the United States.
• D) It is a crime for U.S. corporations to bribe an official of a foreign government or political party unless preapproved by the Federal Trade Commission.
• E) It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

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Definitions:

Personal Skill

An individual's capability or proficiency in performing tasks or activities, often developed through experience or training.

Obligor

A party in a contractual agreement who is legally bound to perform a certain duty or pay a specified amount to another, the obligee.

Prohibited

Actions, practices, or items that are expressly forbidden by law, regulation, or other forms of authority.

Intended Beneficiary

A person or entity that is not a direct party to a contract but is meant to benefit from the contract’s performance.