In some countries, it is expected that businesses will pay off officials. Suppose it makes the difference

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In some countries, it is expected that businesses will pay off officials. Suppose it makes the difference between getting the contract and not getting the contract? If a payoff is not made because of the Foreign Corrupt Practices Act, a foreign competitor that will make the bribe will get the deal. The American company that loses the deal would have to close a factory, putting 500 people out of work. The law aside, can you justify a bribe in that instance?

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The Legal Environment of Business

ISBN: 978-0538473996

11th Edition

Authors: Roger E Meiners, Al H. Ringleb, Frances L. Edwards

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