Which of the following statements is true of facilitating payments? A

QUESTION

Which of the following statements is true of facilitating payments?

A. According to the Foreign Corrupt Practices Act, “facilitating payments” are as illegal as bribes.

B. Facilitating payments are payments to secure contracts that otherwise would not be secured.

C. It is ethical to have a zero-tolerance approach toward facilitating payments.

D. Companies are allowed to make facilitating payments only in developing countries.

E. The concept of facilitating payments was introduced by the UN to put U.S. firms at a competitive disadvantage.

ANSWER

C