The United States' Foreign Corrupt Practices Act (FCPA)does Which of the Following

question 23

Multiple Choice

The United States' Foreign Corrupt Practices Act (FCPA) does which of the following?

• A)Makes bribes tax deductible
• B)Prohibits U.S.companies from trading with countries known to bribe
• C)Allows bribing to be commonplace
• D)Makes it illegal for publicly held companies to bribe foreign officials
• E)Makes it illegal for privately held firms to bribe foreign officials

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Definitions:

Misconception

A misconception is a view or opinion that is incorrect because it is based on faulty thinking or understanding.

Rationalizing

Rationalizing involves justifying actions or decisions, often in a way that avoids the true reasons or excuses behaviors.

Long-Term Self-Interests

Long-term self-interests are goals or desires that an individual seeks to achieve over an extended period, considering future well-being and success.

Individualism

A moral, political, or social outlook that emphasizes the moral worth of the individual and the priority of personal independence and rights.