Which of the Following Statements About Bribes or Questionable Payments

question 19

Multiple Choice

Which of the following statements about bribes or questionable payments are true?

• A)Bribes to expedite government actions or to gain business advantages are common in international business.
• B)Most countries have formal laws forbidding bribes or questionable payments.
• C)Enforceability of ethics varies in different countries.
• D)All of the above

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Definitions:

Preventive Action

Measures taken in advance to reduce or eliminate the risk of potential problems or dangers in a process, system, or environment.

Social Responsibility

The duty of businesses and individuals to act in the best interests of their environment and society as a whole.

Adverse Social Impacts

Negative effects that activities or decisions have on the societal well-being or social fabric.

Minimum Legal Requirements

The least or lowest standards legally mandated for any entity, process or product to be compliant with relevant legislation.