Which of the Following Statements About Bribery Is Most Accurate

question 16

Multiple Choice

Which of the following statements about bribery is most accurate?

• A)Bribes,kickbacks,and payoffs offered to entice someone to commit an illegal or improper act are deemed corrupt in some cultures but not in others.
• B)The world's major exporting nations have agreed to treat bribery of foreign government officials as a violation of trade agreements.
• C)Bribes paid to foreign companies is in some cases a tax-deductible expense in the U.S.
• D)It is a crime for U.S.corporations to bribe an official of a foreign government or political party unless pre-approved by the Federal Trade Commission.
• E)It is illegal for a U.S.corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

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Definitions:

Insider Trading

The trading of a public company's stock or other securities by individuals with access to non-public, material information about the company.

Mail Fraud

A crime involving the use of postal services to carry out any scheme to fraudulently obtain money or valuables.

Fraudulent Use of Transit

The unauthorized use or manipulation of transportation systems or services for deceptive or unlawful purposes.

False Pretenses

Obtaining property, goods, or services from another by misrepresentation or deceit, typically involving a false statement of fact.