The Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe True or False
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The Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe
True or False
Ans. Many business organisation indulge in unfair trade practices like bribe to have profits and achieve growth in business. And to avoid such activities certain laws are made.
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- The Foreign Corrupt Practices Act: a) forbids U.S, companies from offering bribes when engaged in foreien business transactions. b) imposes penalties on foreign firms that try to bribe U.S. officials C) clearly states that all gifts that the representatives of a firm receive abroad constitute a form of bribery. d) protects American consumers from fraudulent foreign business practicesNicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bribery scandal arose over a criminal conspiracy to influence undergraduate admissions decisions at several top American universities. Hollywood celebrities, like Felicity Huffman and Lori Loughlin, and prominent business leaders, like William E. McGlashan Jr., a partner at the private equity firm TPG, were among the parents charged. Also implicated were top college athletic coaches, who were accused of accepting millions of dollars to help admit undeserving students to a wide variety of colleges by suggesting they were top athletes. What are the outcomes of each solution? Who (e.g., stakeholders) will they affect? How will each solution harm or help people? Are there any totally unacceptable solutions?Nicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bribery scandal arose over a criminal conspiracy to influence undergraduate admissions decisions at several top American universities. Hollywood celebrities, like Felicity Huffman and Lori Loughlin, and prominent business leaders, like William E. McGlashan Jr., a partner at the private equity firm TPG, were among the parents charged. Also implicated were top college athletic coaches, who were accused of accepting millions of dollars to help admit undeserving students to a wide variety of colleges by suggesting they were top athletes. What is the best ethical theories for a solution out of the Theory of Deontology, Theory of Utilitarianism, Theory of Virtue? What are some specific ethical principles from the ethicist? Cite all sources.
- Nicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bribery scandal arose over a criminal conspiracy to influence undergraduate admissions decisions at several top American universities. Hollywood celebrities, like Felicity Huffman and Lori Loughlin, and prominent business leaders, like William E. McGlashan Jr., a partner at the private equity firm TPG, were among the parents charged. Also implicated were top college athletic coaches, who were accused of accepting millions of dollars to help admit undeserving students to a wide variety of colleges by suggesting they were top athletes. What professional codes or standards (e.g., ACM, AHIMA, IEEE, NSPE, etc.) and/or industry/corporate codes that apply to the case; cites specific procedures or concepts that apply and that clarify what is acceptable and unacceptable conduct for stakeholders in the case?Nicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bribery scandal arose over a criminal conspiracy to influence undergraduate admissions decisions at several top American universities. Hollywood celebrities, like Felicity Huffman and Lori Loughlin, and prominent business leaders, like William E. McGlashan Jr., a partner at the private equity firm TPG, were among the parents charged. Also implicated were top college athletic coaches, who were accused of accepting millions of dollars to help admit undeserving students to a wide variety of colleges by suggesting they were top athletes. What is the key ethical dilemma in this case?Nicknamed “Operation Varsity Blues,” by the U.S. federal government, the 2019 college admissions bribery scandal arose over a criminal conspiracy to influence undergraduate admissions decisions at several top American universities. Hollywood celebrities, like Felicity Huffman and Lori Loughlin, and prominent business leaders, like William E. McGlashan Jr., a partner at the private equity firm TPG, were among the parents charged. Also implicated were top college athletic coaches, who were accused of accepting millions of dollars to help admit undeserving students to a wide variety of colleges by suggesting they were top athletes. What are the legal issues in the case, lists specific laws or rules that were violated or that might be involved and explains how those laws apply to the case?
- Are there any circumstances under which Jin could avoid being prosecuted for theft of trade secrets ? If so, what are these circumstances ?What was excluded from the Convention on Combating Bribery of Foreign Public Officials in International Business? Answer neatly with proper explanation of itDiplomacy by Expulsion - in May 1996, the British government on a receiving end on a Diplomatic action- Case in Point: Russia government required the removal of four (4) British diplomats in the Moscow embassy who had allegedly been involved in espionage in a tit- for- tat response, what happened?
- An unjust payment - or one that is questionable - that is made to facilitate a business transaction is called: a. Prepayment b. Bribery c. Ransomware d. Treachery e. Coterie funds31) Tokens of appreciation and grease money are considered ________. A) cultural reward systems B) questionable payments C) sales commissions D) business expenses 32) The Foreign Corrupt Practices Act of 1977 was primarily established to ________. A) distinguish between harmless customs and actual bribery B) combat corruption initiated by electronics firms and their subsidiaries C) provide managers with anonymous methods for reporting bribery D) prosecute international extortionists under the U.S. legal system 33) Which of the following prohibits U.S. companies from making illegal payments or other gifts or political contributions to foreign government officials for the purposes of influencing them in business transactions? A) Sherman Antitrust Act B) Robinson-Patman Act C) Wagner Corruption Act D) Foreign Corrupt Practices Act 34) Which of the following was the primary purpose of the Organization for Economic Cooperation and Development Convention on Bribery? A) to establish bribery…While retaliation against whistle-blowers is illegal, those employed by the government have more protection than those employed by private organizations. True False