Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A bribe is designed to influence the recipient's conduct and is illegal and unethical. It is merely a promise to influence the action in an

A bribe is designed to influence the recipient's conduct and is illegal and unethical. It is merely a promise to influence the action in an official or public capacity. It might be acceptable to accept direct payment in North Korea, but it is not in the US. So as it is unethical in the US and as a whole. I would not make the payment. I would explain that the direct payment transaction must be recorded in the company's financials. Such a transaction amounts to bribery and fraud, where both the parties involved are committing a criminal offense. According to the Foreign Corrupt Practices Act, these violations will lead to substantial civil and criminal penalties. An individual under the anti-bribery provisions may face a criminal fine which may extend up to $250,000 per violation, including five years of imprisonment.

thiughts on this

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics Informed Decisions Using Data

Authors: Michael Sullivan III

5th Edition

9780134133539

Students also viewed these Law questions

Question

What are the APPROACHES TO HRM?

Answered: 1 week ago