Fines Imposed on Individuals for Violating the Foreign Corrupt Practices

question 10

True/False

Fines imposed on individuals for violating the Foreign Corrupt Practices Act may be paid, either directly or indirectly, by the domestic concern on whose behalf they acted.

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Definitions:

Creditors

Individuals or institutions to whom money is owed.

Bankruptcy Relief

Legal relief obtained through a court proceeding that allows individuals or organizations to eliminate or reorganize their debts.

State Law

Legislation that is enacted by the legislative bodies within each of the states in the United States, as opposed to federal law.

Federal

Pertaining to the national level of government, as opposed to state or local jurisdictions, involving policies, laws, and regulations applicable to the entire nation.