scenarios legal or illegal pursuant to U. S. law
Not what you're looking for?
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 # 1
A cash payment of $100 made by an agent of Chicago Chemicals Co., a U. S. corporation, to a processing clerk in the Chilean Office of Business Licensing in order to expedite consideration of CCC's application for authority to conduct business operations in Chile
Scenario # 2
A cash payment of $250,000 made by Durdy Coal, Inc., a U. S. corporation, to DCI's agent with the instruction, â??put this to good use on DCI's behalf, which in turn is paid to the State Importation Officer of the People's Republic of China in order to secure a Chinese import license
Purchase this Solution
Solution Summary
The write up gives a learned discussion on scenarios legal or illegal pursuant to U. S. law
Solution Preview
Legal or Illegal pursuant to US law
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 # 1
A cash payment of $100 made by an agent of Chicago Chemicals Co., a U. S. corporation, to a processing clerk in the Chilean Office of Business Licensing in order to expedite consideration of CCCs application for authority to conduct business operations in Chile
The action according to the US law is illegal. The applicable law is the Foreign Corrupt Practices Act 1977. Since ...
Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance
This quiz test introductory finance topics.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Operations Management
This quiz tests a student's knowledge about Operations Management
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.