The Foreign Corrupt Practices Act (FCPA)

question 17

Multiple Choice

The Foreign Corrupt Practices Act (FCPA) :

• A)prohibits payments of kickbacks to foreign businesses and their corporate officials.
• B)imposes recordkeeping and internal-controls requirements on any corporation whose shares are privately traded in the United States.
• C)does not require a U.S.parent corporation to make a good faith effort if the parent owns less than a majority interest in the foreign corporation.
• D)deals only with payments to foreign governmental officials.

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Definitions:

Reflex

An automatic, involuntary response to a specific stimulus.

Breathing

The physiological process of inhaling oxygen and exhaling carbon dioxide, essential for life and cellular respiration.

Neonatal Period

First 4 weeks of life, a time of transition from intrauterine dependency to independent existence.

First

Referring to the initial or primary in a sequence or series.