In the United States,the Foreign Corrupt Practices Act Was Passed

question 55

Multiple Choice

In the United States,the Foreign Corrupt Practices Act was passed during the 1970s following revelations that:

• A) U.S. companies had bribed government officials in foreign countries in an attempt to win lucrative contracts.
• B) U.S. companies were involved in bribing U.S. government officials in cases related to major corporate and accounting scandals.
• C) U.S. government bureaucrats demanded bribes from U.S. companies in return for the permit to operate in a foreign country.
• D) several companies were selling their products at lower prices in foreign countries than in the United States.
• E) successful business owners in the U.S. often had to pay "protection money" to the Mafia or face violent retribution.

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Definitions:

Expertise

Expertise is the high level of knowledge, skill, or competence in a particular area, acquired through experience, education, or training.

Reference

A source of information or a mention of a source, often used to substantiate claims or as a guide to further information.

Visionary Leadership

Leadership that brings to the situation a clear sense of the future and an understanding of how to get there.

Compelling Sense

An irresistible urge or an intense feeling that drives action.