. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government
Section: Chapter Questions
Problem 8QP
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. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
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