Which of the Following Is True of the Penalties Under

question 69

Multiple Choice

Which of the following is true of the penalties under the Foreign Corrupt Practices Act?

• A)The Department of Justice can enforce criminal penalties of up to $20 million per violation for corporations and other business entities.
• B)The Securities and Exchange Commission can impose a civil fine of up to $2,000 per violation upon corporations and other business entities.
• C)Penalties under the books and record-keeping provisions can reach up to $25 million and 5 years' imprisonment for individuals and up to $50 million for organizations.
• D)Officers, directors, stockholders, employees, and agents are subject to a fine of up to $250,000 per violation and imprisonment for up to five years.

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Definitions:

Price-Elasticity

A measure of how responsive the quantity demanded of a good is to a change in its price, indicating how shifts in price can affect supply and demand.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a specific price.

Coefficient

A predetermined or specific number that is positioned in front of and serves to multiply the variable in a mathematical expression.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied.