ISC, Inc hired Judy to bribe a foreign government official. The bribe violates the Foreign Corrupt Practices Act. ISC gave Judy $100,000 in cash to make the bribe payment. Instead of paying the bribe, Judy kept all of the money. If ISC sued Judy to recover the $100,000, ISC:
a. will be able to recover the $100,000 since Judy breached the contract.
b. will not be able to recover the $100,000 because the agreement was illegal.
c. will be able to recover the $100,000 only if it can show that the bribe was a business necessity.
d. will be able to recover only one-half of the money since ISC had "dirty hands."
b
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A current trend for nongovernmental organizations is that regional chapters are seeking ______.
A. consolidation B. greater autonomy C. budget-trimming measures D. decentralized power structures
Macro Marketing, Inc, and Nature Foods Corporation (NFC) discuss the terms of a contract. Macro faxes NFC a memo on Macro's letterhead that summarizes the items on which they agree. NFC begins to perform, but Macro refuses to pay. Between Macro and NFC, the memo is A) an oral contract
B) a pre-contract. C) a written contract. D) no contract.
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Indicate whether the statement is true or false
When two or more attributes describe the same characteristic of an entity, they are synonyms
Indicate whether the statement is true or false