. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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. A U.S. corporation, after performing due diligence, hires a foreign agent to negotiate contracts in foreign countries. That agent bribes a foreign government official to secure a contract for the U.S. corporation who did not authorize or even know about the bribe. Under these circumstances, the foreign agent, but not the U.S. corporation, has violated the FCPA. True or False?
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