This Legislative Measure Makes It Illegal to Influence Foreign Officials

question 79

Multiple Choice

This legislative measure makes it illegal to influence foreign officials through personal payments or political contributions.

• A)Foreign Corrupt Practices Act
• B)Global Bribery Act
• C)International Ethics and Bribery Act
• D)Export-Import Ethical Standards Act

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Definitions:

Business Judgment Rule

A legal principle that protects company directors from liability for decisions made in good faith and in the interest of the company.

Good Faith

The honest intention to act without taking an unfair advantage over another party during the execution of deals, contracts, and transactions.

Ultra Vires Defense

A legal defense arguing that a corporation acted beyond the scope of its powers as defined in its charter or laws.

State's Attorney General

The chief legal advisor and law enforcement officer of a state or territory, responsible for representing the public interest and prosecuting legal actions.