Which of the following statements about bribery is most accurate?
A)Bribes, kickbacks, and payoffs offered to entice someone to commit an illegal or improper act are deemed corrupt in some cultures but not in others.
B)The world's major exporting nations have agreed to make bribery of foreign government officials a national offense.
C)Bribery paid to foreign companies is in some cases, a tax-deductible expense in the United States.
D)It is a crime for U.S.corporations to bribe an official of a foreign government or political party unless preapproved by the U.S.judiciary.
E)It is illegal for a U.S.corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

Question

Quizplus · Accepted Answer

The most accurate statement about bribery is that it is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country. This is true under the Foreign Corrupt Practices Act (FCPA), which prohibits bribery of foreign officials by U.S. companies and their employees, agents, and intermediaries. Violations of the FCPA can result in severe penalties, including fines and imprisonment.

Which of the Following Statements About Bribery Is Most Accurate