Which of the Following Is True About the Foreign Corrupt

question 40

Multiple Choice

Which of the following is true about the Foreign Corrupt Practices Act?

• A) It prohibits employees of U.S. firms from making payments to low-level government employees.
• B) It covers payments made to business executives.
• C) It outlaws an employee from making payments to any person when the employee has "reason to know" that the payments might be used to corrupt the behavior of officials.
• D) Companies and individuals found violating the act are given a warning.

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Definitions:

Registration

The act of officially recording information or data into a formal system or registry, often necessary for legal recognition or validity.

Snowmobile

A motorized vehicle specifically designed for travel across snow-covered surfaces, using tracks and skis for movement.

Bulk Sales Act

Legislation designed to protect creditors by requiring a business owner to notify them before making a large, non-ordinary sale of inventory.

Merchant

An individual or business entity engaged in the sale of goods, especially on a large scale or with foreign countries.