Sample Exam Questions
An individual who is convicted of violating the Foreign Corrupt Practices Act (FCPA) can also have his or her personal assets seized by the Department of Justice.
According to the U.S. Securities and Exchange Commission whistleblower rules, a whistleblower in an Foreign Corruption Practices Act-related case can receive up to 30% of the monetary penalty recovered.
It is suggested by regulatory and enforcement agencies that a company should have written policies explicitly relating to gift giving and hospitality.
- Only if they are a large company
- Only if they are in a high risk industry
Should employees of state-owned enterprises be considered government officials?
- Only if they are on the board of directors
- Only if they are decision makers
At a trade show, a U.S. company invites a dozen current and prospective customers out for drinks, and pays the moderate bar tab. Some of the current and prospective customers would be deemed to be foreign officials under the Foreign Corruption Practices Act (FCPA). Is the company in violation of the FCPA?