Are the actions undertaken by the companies or individuals in the following scenarios legal or illegal pursuant to U.S. law? Please explain each of your answers. Scenario A wire transfer of $200,000 to the Minister of Contracting of Gambia made by Bordeaux Builders, Inc, a French corporation, and originating from its corporate headquarters in New York in order to secure a construction contract


Illegal. The Foreign Corrupt Practices Act prohibits payments to foreign government officials by companies headquartered in the United States for the purpose of obtaining or retaining business.

Business

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There are only two types of business ownership: partnerships and sole proprietorships

Indicate whether the statement is true or false

Business

Which of the following is an intrinsic reward?

A. Promotion B. Employee of the year award C. Commission D. Bonus E. Meaningful work

Business

According to Euromoney's 2017 semi-annual "Country Risk Rating," which one of the following countries has the highest economic risk?

A. Colombia B. South Korea C. China D. Argentina

Business

Steven was fired from his job after three years of good performance. His boss simply said that the organization was changing and did not need Steven’s work any longer. This type of firing is likely acceptable under the doctrine of __________.

A. employment variability B. workplace monitoring C. employment-at-will D. orientation period E. freedom of conscience

Business