An American company recently won a huge contract with a company in Indonesia, by gifting the Indonesian government officials with American cars and an assurance of monetary gifts. Clearly, this procedure

A. defines the terms of the business contract, and as long as both parties sign, the agreement is binding.
B. violates the Fair and Balanced Competitive Practices Act.
C. defines the common business practices of the foreign nation and should be respected.
D. violates the Foreign Corrupt Practices Act.


Answer: D

Business

You might also like to view...

Abercrombie & Fitch, a clothing retailer, includes a "SHARE" link on the product pages of its website. This link encourages an Abercrombie customer to post a link (perhaps showing a new style of jeans) on Facebook or Twitter. Abercrombie & Fitch hopes that the customer's friends (who are probably very much like current customers) will click the link, visit the page, and make purchases. This is an example of a ________ growth strategy.

A. diversification B. product proliferation C. market penetration D. product development E. market development

Business

A legal document granting a person the power to make specific health care decisions for you is called a

A) living will. B) power of attorney. C) durable power of attorney for health care. D) health care directive.

Business

Non-repudiation is

(a) Legally proving that a message was sent or received. (b) Ensuring that the sender and receiver of a message prove their identities to each other. (c) Ensuring that information transmitted over the Internet has not been captured or passed on to a third part. (d) Ensuring that information you send or receive has not been compromised or altered.

Business

A(n) ________ is an operation that does not have any side effects; it accesses the state of an object but does not alter the state

A) Encapsulation B) Constructor operation C) Update operation D) Query operation

Business