Which of the Following Does the U

question 141

Multiple Choice

Which of the following does the U.S.law and OECD convention allow as an exception?

• A) Bribing a foreign government official to obtain a contract
• B) Failure to keep records that would reveal if a violation of the Foreign Corrupt Practices act has occurred
• C) Grease payments or speed money
• D) Private action
• E) Breach of the rule of law

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Definitions:

Time

In a general sense, it refers to the continued sequence of existence and events occurring in an irreversible succession from the past, through the present, to the future.

Principal

In law, the person who authorizes another (the agent) to act on their behalf.

Express Authority

Power explicitly granted to an agent or representative by a principal, through written or spoken words, to act on their behalf.

Conflict Interests

Situations where someone’s personal interests could interfere with their duties or decision-making in a professional or official capacity.