The Foreign Corrupt Practices Act Was Subsequently Amended to Allow

question 46

Multiple Choice

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments,which are:

• A)payments to secure contracts that would not otherwise be secured.
• B)payments to obtain exclusive preferential treatment.
• C)payments to influence officials in the company's favor.
• D)payments to ensure receiving the standard treatment that a business ought to receive.

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Definitions:

Compensating

Providing something, typically money, to make up for a loss, damage, or inconvenience caused.

Acquiring

The process of obtaining ownership or control of something, often referenced in the context of corporate takeovers or purchasing assets.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount for immediate cash.

Debt Capital

Funds borrowed by businesses to finance their operations or growth, which must be repaid to lenders with interest.