Which of the Following Observations About the Foreign Corrupt Practices

question 1

Multiple Choice

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

• A) The act outlawed the paying of bribes to foreign government officials to gain business.
• B) There is enough evidence that it put U.S. firms at a competitive disadvantage.
• C) The act originally allowed for "facilitating payments."
• D) The Nike case was the impetus for the 1977 passage of this act.

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Definitions:

Ironworks

A place where iron is smelted, forged, or processed into finished products.

Cotton Gin

Invented by Eli Whitney in 1793, the machine that separated cotton seed from cotton fiber, speeding cotton processing and making profitable the cultivation of the more hardy, but difficult to clean, short-staple cotton; led directly to the dramatic nineteenth-century expansion of slavery in the South.

Eli Whitney

An American inventor best known for inventing the cotton gin, a device that revolutionized the cotton industry.

Boll Weevil

A beetle that feeds on cotton buds and flowers, historically significant for its devastating impact on the United States cotton industry.