A Company Pays Bribes in Foreign Countries in Order to Conduct

question 50

Multiple Choice

A company pays bribes in foreign countries in order to conduct operations there. What legal consequences can the company face?

• A) No legal consequences as long as the bribe was legal in the country where it was paid.
• B) No legal consequences as long as the company was acting in the best interests of shareholders.
• C) No legal consequences as long as the company had no choice but to pay the bribe if it wished to do business in the foreign country.
• D) Legal consequences under the Foreign Corrupt Practices Act.
• E) Legal consequences under Glass-Steagall.

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Definitions:

Proximity

The physical closeness or distance between people, objects, or locations, often influencing communication, interaction, or relationships.

Decision Maker

A person or group responsible for making choices or judgments that influence the outcome of a situation or organization.

Self-Serving Principles

Cognitive biases or behaviors that lead individuals to see things in a way that benefits them personally, often at the expense of others or the truth.

Socially Acceptable

Behaviors or norms that are considered appropriate and acceptable within a society or social group.