Question 1

Individual penalties for violating the FCPA include:

Accepted Answer

A)  imprisonment of up to five years and a fine of up to $100,000. 
B)  imprisonment of up to fifteen years and a fine of up to $10,000. 
C)  fines, imprisonment, and discharge from the corporation. 
D)  fines, imprisonment, and revocation of the right to travel in the foreign country. 
A)  imprisonment of up to five years and a fine of up to $100,000. 
B)  imprisonment of up to fifteen years and a fine of up to $10,000. 
C)  fines, imprisonment, and discharge from the corporation. 
D)  fines, imprisonment, and revocation of the right to travel in the foreign country.

Question 2

In Germany,the attitudes toward exaggeration in advertising are:

Accepted Answer

A)  not highly regulated. 
B)  highly regulated. 
C)  the law is uncertain and in a state of change. 
D)  best illustrated by the Carbolic Smoke Ball case. 
A)  not highly regulated. 
B)  highly regulated. 
C)  the law is uncertain and in a state of change. 
D)  best illustrated by the Carbolic Smoke Ball case.

Question 3

Only payments in excess of $5,000 paid directly to foreign government officials are subject to criminal prosecution under the FCPA.

Accepted Answer

A) True 
 B)False

Question 4

Assume that you are the chief operating officer of a company in United States that considers in retaining a representative in Germany.What are the relative merits of deciding whether to retain a dependent agent or an independent one?

Accepted Answer

There are several factors to consider wh

Question 5

Evaluate the socioeconomic impact of corruption in developing countries.For instance,does corruption merely cause an African dictator to buy tractor parts from Country A instead of Country B,or does it cause him to buy helicopter gun ships or AK-47s instead of syringes and pharmaceuticals for infant health care at his country's modest hospitals?

Accepted Answer

Corruption in developing countries has a

Question 6

The FCPA is a multilateral agreement among member nations of the WTO to combat the practice of global bribery.

Accepted Answer

A) True 
 B)False

Question 7

Payments made to foreign officials by an individual for the purpose of expediting or securing the performance of a routine or clerical governmental action are subject to fines up to $100,000 and/or an imprisonment term of up to five years.

Accepted Answer

A) True 
 B)False

Question 8

One of the main objectives of the FCPA is to prohibit foreign company representatives in the United States from bribing U.S.government,state,and county officials to obtain procurement contracts.

Accepted Answer

A) True 
 B)False

Question 9

The former communist countries of Eastern Europe have no advertising restrictions on tobacco and alcohol targeting teenagers.

Accepted Answer

A) True 
 B)False

Question 10

The government agency responsible for prosecuting violators of the FCPA is:

Accepted Answer

A)  Department of International Judicial Review. 
B)  SEC. 
C)  Department of Justice. 
D)  SEC and Department of Justice. 
A)  Department of International Judicial Review. 
B)  SEC. 
C)  Department of Justice. 
D)  SEC and Department of Justice.

Question 11

Compare and contrast U.S.and European regulations aimed at advertising to children.

Accepted Answer

The regulations aimed at advertising to

Question 12

Outline the main legal issues attendant to a major American toy manufacturer's worldwide advertising campaign.

Accepted Answer

The main legal issues attendant to a maj

Question 13

Under the FCPA,a payment can be illegal if it is made:

Accepted Answer

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. 
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.

Question 14

In order to avoid a charge of violating the FCPA,commissions and other payments to a foreign sales agent should conform to customary rates normally paid to agents of that kind in the foreign nation.

Accepted Answer

A) True 
 B)False

Question 15

The United States is the only nation of the world that regulates advertising to children,such as tobacco advertisements

Accepted Answer

A) True 
 B)False

Question 16

Provide examples of the ways in which a U.S.advertiser is subject to more and less regulation when advertising abroad.

Accepted Answer

When advertising abroad, a U.S. advertis

Question 17

The antibribery provisions of the FCPA specifically and clearly define the conditions that must be violated in order to prosecute an individual or corporation for bribery of foreign officials.

Accepted Answer

A) True 
 B)False

Question 18

Corporate penalties for violating the FCPA include:

Accepted Answer

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. 
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.

Question 19

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"
A $100,000 wire transfer made by Automobile Repair Parts,Inc.,a California corporation,to the director of contracting of Yoshiba International,a Japanese corporation,for the purpose of obtaining a supply contract from Yoshiba.

Accepted Answer

Legal.The Foreign Corrupt Prac

Question 20

In advertising,products such as tobacco and alcohol that are deemed to be corrosive to society are called:

Accepted Answer

A)  "temptation" products. 
B)  illegal products. 
C)  "sin" products. 
D)  none of these are correct. 
A)  "temptation" products. 
B)  illegal products. 
C)  "sin" products. 
D)  none of these are correct.

Individual penalties for violating the FCPA include:

In Germany,the attitudes toward exaggeration in advertising are:

Only payments in excess of $5,000 paid directly to foreign government officials are subject to criminal prosecution under the FCPA.

Assume that you are the chief operating officer of a company in United States that considers in retaining a representative in Germany.What are the relative merits of deciding whether to retain a dependent agent or an independent one?

The FCPA is a multilateral agreement among member nations of the WTO to combat the practice of global bribery.

Payments made to foreign officials by an individual for the purpose of expediting or securing the performance of a routine or clerical governmental action are subject to fines up to $100,000 and/or an imprisonment term of up to five years.

One of the main objectives of the FCPA is to prohibit foreign company representatives in the United States from bribing U.S.government,state,and county officials to obtain procurement contracts.

The former communist countries of Eastern Europe have no advertising restrictions on tobacco and alcohol targeting teenagers.

The government agency responsible for prosecuting violators of the FCPA is:

Compare and contrast U.S.and European regulations aimed at advertising to children.

Outline the main legal issues attendant to a major American toy manufacturer's worldwide advertising campaign.

Under the FCPA,a payment can be illegal if it is made:

In order to avoid a charge of violating the FCPA,commissions and other payments to a foreign sales agent should conform to customary rates normally paid to agents of that kind in the foreign nation.

The United States is the only nation of the world that regulates advertising to children,such as tobacco advertisements

Provide examples of the ways in which a U.S.advertiser is subject to more and less regulation when advertising abroad.

The antibribery provisions of the FCPA specifically and clearly define the conditions that must be violated in order to prosecute an individual or corporation for bribery of foreign officials.

Corporate penalties for violating the FCPA include:

In advertising,products such as tobacco and alcohol that are deemed to be corrosive to society are called:

Introduction to International Business

International Law and the World's Legal Systems

Resolving International Commercial Disputes

The Formation and Performance of Contracts for the Sale of Goods

The Documentary Sale and Terms of Trade

Legal Issues in International Transportation

Bank Collections and Letters of Credit

National Lawmaking Powers and the Regulation of U.S.Trade

The World Trade Organization: Basic Legal Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports,Customs,and Tariff Law

Export Controls and Sanctions

North American Free Trade Law

The European Union

Protection and Licensing of Intellectual Property

The Legal Environment of Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters

Exam 16: Marketing: Representatives,Advertising,and Anti-Corruption

Individual penalties for violating the FCPA include:

In Germany,the attitudes toward exaggeration in advertising are:

Only payments in excess of $5,000 paid directly to foreign government officials are subject to criminal prosecution under the FCPA.

Assume that you are the chief operating officer of a company in United States that considers in retaining a representative in Germany.What are the relative merits of deciding whether to retain a dependent agent or an independent one?

The FCPA is a multilateral agreement among member nations of the WTO to combat the practice of global bribery.

Payments made to foreign officials by an individual for the purpose of expediting or securing the performance of a routine or clerical governmental action are subject to fines up to $100,000 and/or an imprisonment term of up to five years.

One of the main objectives of the FCPA is to prohibit foreign company representatives in the United States from bribing U.S.government,state,and county officials to obtain procurement contracts.

The former communist countries of Eastern Europe have no advertising restrictions on tobacco and alcohol targeting teenagers.

The government agency responsible for prosecuting violators of the FCPA is:

Compare and contrast U.S.and European regulations aimed at advertising to children.

Outline the main legal issues attendant to a major American toy manufacturer's worldwide advertising campaign.

Under the FCPA,a payment can be illegal if it is made:

In order to avoid a charge of violating the FCPA,commissions and other payments to a foreign sales agent should conform to customary rates normally paid to agents of that kind in the foreign nation.

The United States is the only nation of the world that regulates advertising to children,such as tobacco advertisements

Provide examples of the ways in which a U.S.advertiser is subject to more and less regulation when advertising abroad.

The antibribery provisions of the FCPA specifically and clearly define the conditions that must be violated in order to prosecute an individual or corporation for bribery of foreign officials.

Corporate penalties for violating the FCPA include:

In advertising,products such as tobacco and alcohol that are deemed to be corrosive to society are called:

Introduction to International Business

International Law and the World's Legal Systems

Resolving International Commercial Disputes

The Formation and Performance of Contracts for the Sale of Goods

The Documentary Sale and Terms of Trade

Legal Issues in International Transportation

Bank Collections and Letters of Credit

National Lawmaking Powers and the Regulation of U.S.Trade

The World Trade Organization: Basic Legal Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports,Customs,and Tariff Law

Export Controls and Sanctions

North American Free Trade Law

The European Union

Protection and Licensing of Intellectual Property

The Legal Environment of Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters