In the United States,the Foreign Corrupt Practices Act Is Controversial

question 152

Multiple Choice

In the United States,the Foreign Corrupt Practices Act is controversial because the act __________.

• A)makes it hard for foreign firms to do business in the U.S.
• B)makes it illegal for U.S.firms to engage in corrupt practices overseas
• C)allows U.S.firms to make payoffs to foreign officials in order to obtain or keep business
• D)makes it legal for foreign firms to use corrupt practices in the U.S.
• E)makes it illegal for foreign firms to use corrupt practices in the U.S.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of another entity, without having control over it.

Investor

An investor is a person or entity that allocates capital with the expectation of receiving financial returns, encompassing a wide range of asset types including equity, debt securities, real estate, and other investment vehicles.

Unrealized Gains

Unrealized gains are increases in the value of investments or assets that have not yet been sold or converted into cash.

Trading Securities

Financial instruments held by a firm for the purpose of resale within a short period to generate income on short-term price differences.