The Foreign Corrupt Practices Act Makes It a Crime

question 45

Multiple Choice

The Foreign Corrupt Practices Act makes it a crime:

• A) for U.S. companies to sell unregistered stock in other countries.
• B) for non U.S. companies to sell unregistered securities in the U.S.
• C) to "bribe" foreign governments or officials.
• D) to conspire to defraud stock purchasers in other countries.

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Definitions:

Recredit

The act of restoring credit or funds back to a consumer's account, often used in banking and financial services.

Properly Drawn

Pertains to documents or legal instruments that are prepared and executed correctly and according to all requisite legal standards.

Sufficient Funds

The availability of enough money in an account to cover checks or withdrawals.

Honor

The act of fulfilling or adhering to an agreement, contract, or request, demonstrating integrity and respect.