Which of the Following Is True with Regard to Corruption

question 45

Multiple Choice

Which of the following is true with regard to corruption?

• A)Countries with minimal corruption fail to attract direct investment.
• B)In firms, corruption rarely occurs across the range of value chain activities.
• C)Corruption harms the poorest in societies.
• D)Under the Sherman Antitrust Act, firms charged for corruption may be fined $2 million and managers can be imprisoned for up to five years.

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Definitions:

Cultural Relativist

Someone who believes that moral and ethical systems, which vary from culture to culture, are all equally valid and no one system is really "better" than another.

Morally Required

Actions or behaviors that are considered necessary according to ethical or moral principles.

Culture

The shared beliefs, practices, norms, and values of a group of people or society.

Greater Good

A principle that actions should be judged by their benefit to the majority or the community as a whole.