The Foreign Corrupt Practices Act of 1977 (FCPA)

question 13

Multiple Choice

The Foreign Corrupt Practices Act of 1977 (FCPA) :

• A) makes it unlawful for an American company to pay money gifts to a foreign official for the purpose of influencing the official's acts or decisions.
• B) requires that American companies in foreign countries adhere to the same health and safety standards in that country as they do in the U.S.
• C) outlaws American business from engaging in business in countries,which,as determined by the Department,have governments "repugnant to American law and social values."
• D) None of these.

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Definitions:

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Means Test

A method used to determine an individual's eligibility for certain types of financial assistance, based on their income and assets.

Chapter 7 Bankruptcy

A segment of U.S. bankruptcy law allowing for the liquidation of a debtor's assets to pay off creditors as part of a bankruptcy proceeding.

Bankruptcy Process

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