Corporate penalties for violating the FCPA include:
A) fines of no more than 100,000.
B) fines up to 2,000,000.
C) revocation of the firm's license to do business in a foreign country.
D) punitive damages.
E)two of the above.
Question 2
Under the FCPA, a payment can be illegal if it is made:
A) corruptly, knowingly, and to expedite the performance of a routine governmental action.
B) corruptly, negligently, and to expedite the performance of a routine governmental action.
C) criminally, intentionally, and in order to obtain or retain business.
D) corruptly, knowingly, and for assistance in obtaining business.
E)any payment that is illegal under local law is illegal under the FCPA.
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Introduction to Corporate Finance, 5th