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Gloria assembles circuit boards in a computer manufacturing plant. She gets the chips for the boards from David, assembles the boards, and then forwards them to Judy, who puts them into the finished components. This example illustrates the concept of:
Foreign Corrupt Practices Act
A U.S. law aimed at preventing American businesses from bribing foreign officials to secure or maintain business.
Facilitation Payments
Payments made to speed up the actions that government officials are already bound to perform.
President Gerald Ford
The 38th President of the United States, serving from 1974 to 1977, known for his efforts to heal the country post-Watergate scandal.
Contracts
Legal agreements between two or more parties that are binding in law.
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