Which of the following statements is correct? a) the accounting provisions of th
ID: 2591570 • Letter: W
Question
Which of the following statements is correct? a) the accounting provisions of the FCPA are broader than the anti-bribery provision b) officers, directors, employees, agents and stockholders of foreign persons are not subject to the FCPA if they commit a violation while in the US. c) a foreign citizen who is an agent of a US concern is subject to the fCPA for acts committed outside the US d) under the FCPA, "Corruptly" makes clear that an offer, payment, promise or gift must be intended to induce the recipient to misuse an official position to wrongfully direct business to the payer to obtain a favorable regulation e) none of the above
Explanation / Answer
The following statements is correct:
d) under the FCPA, "Corruptly" makes clear that an offer, payment, promise or gift must be intended to induce the recipient to misuse an official position to wrongfully direct business to the payer to obtain a favorable regulation.
The word "corruptly" connotes an evil motive or purpose, an intent to wrongfully influence the recipients.
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