Formalism As amended in 1988, the Foreign Corrupt Practices Act prohibits bribery as a practice for U.S.
Question:
As amended in 1988, the Foreign Corrupt Practices Act prohibits bribery as a practice for U.S. companies to use in obtaining business in other countries. In passing the act, Congress expressed the concern that bribery was inherently wrong. Which major system of ethical thought does this concern suggest? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (20 reviews)
The language of inherent wrong shows absolute moral values which ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
The Legal and Regulatory Environment of Business
ISBN: 978-0078023859
17th edition
Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe
Question Posted:
Students also viewed these Business Law questions
-
Baksheesh, Mordida, and Kumshah: Making Grease Payments Abroad In the Middle East, bribes are called baksheesh. In Mexico, they are mordida; and in Southeast Asia, kumshah. Although it takes place in...
-
In the Middle East, bribes are called baksheesh. In Mexico, they are mordida; and in Southeast Asia,kumshah. Although it takes place in many parts of the world, bribery is not officially sanctioned...
-
The Foreign Corrupt Practices Act prohibits U.S. firms from giving bribes to officials in foreign countries, although bribery is customary in some countries. Non-U.S. companies operating in foreign...
-
2. A firm's or cash flow, is its profits after deductions for all expenses, including or wear and tear on capital goods such as machinery.
-
The following accounts exist in the ledger of Higgins Company: accounts payable, accounts receivable, accumulated depreciation, bonds payable, building, common stock, cash, equipment, income taxes...
-
Describe the variable annuity and explain the theory on which it is based. To what extent have the results produced by variable annuities been consistent with the theory?
-
5 Visite el sitio web de su universidad o institucin de educacin superior. Con base en su visita, concluira que el sitio es transaccional o promocional? Por qu? Cmo calificara el sitio en funcin de...
-
Its late Tuesday evening, and youve just received a phone call from Dennis Whiting, your boss at GE Capital. Dennis wants to know your reaction to the Argenti loan request before tomorrows loan...
-
Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: Wes, Im not sure how to go about answering the questions that came...
-
Q1/ Determine the heating area required for the production of 1000 lb/hr of 50% from 10% NaOH feed entering at 100 F. Evaporation is to be carried out in a single effect evaporator for which overall...
-
Ethics and Law A marketing consultant to your firm comments that being ethical in business means nothing more than obeying the law. Discuss. Two Systems of Ethics
-
Consequentialism A headline from The Wall Street Journal read U.S. Companies Pay Increasing Attention to Destroying Files. The article discussed how many companies are routinely shredding files in...
-
(Continue 2 and 4). Is it reasonable that the investor only earns 0.10 when the firm earns 0.12?
-
1. Mainland purchased a machine for $85,000 on 1 January 20x7 and assigned it a useful life for 10 years. On 31 March 20x9 it was revalued to $93,000 with no change in useful life. Complete the table...
-
Find the equation of the regression line and identify a characteristic of the data that is ignored by the regression line X 10 8 13 9 11 14 6 4 12 7 5 Y 7.46 6.77 12.74 7.11 7.81 8.84 6.08 5.39 8.15...
-
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Case Direct Labor...
-
All views expressed in this paper are those of the authors and do not necessarily represent the views of the Hellenic Observatory or the LSE George Alogoskoufis Greeces Sovereign Debt Crisis:...
-
Current Attempt in Progress Nash Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,812,000 on March 1, $1,212,000 on June 1,...
-
In a 4-by-4 Sudoku puzzle with one 2 -by-2 subsquare filled in as shown in Figure P1.5, how many ways are there to complete the puzzle? (In Sudoku, the digits 1, 2, 3, 4 must appear only once in each...
-
What is master production scheduling and how is it done?
-
The Butrico Manufacturing Corporation uses a standard cost system which records raw materials at actual cost, records materials price variance at the time that raw materials are issued to...
-
What are the various items along the spectrum of ADR systems between litigation and negotiated settlements?
-
In business disputes, what two items are most likely to dominate a position-based negotiation?
-
List the five instinctive responses used in negotiation and describe how each of these applies to you.
-
Transcribed image text
-
QUESTION 20 Assume a company reported the following results Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) 5300,000 2 $240.000 40% ? 2 What is the net...
-
2. Using the graph provided below, determine the fixed cost, the total variable cost, the variable cost per unit, and the TOTAL COST to produce 60 units. Fixed Cost ______________ Variable Cost...
Study smarter with the SolutionInn App