Which of the following statements describes an inconsistency of the FCPA?
A) Facilitation payments are classified as bribery.
B) Facilitation payments are excluded from the FCPA's definition of bribery.
C) Payments to officials who are not directly responsible for carrying out the law are legal.
D) Payments to foreign officials who carry out the law are considered illegal by provisions of the FCPA.
B
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When the two parties agree in writing to have the agent act as a limited agent, most fiduciary duties still apply. But the principals are giving up something. Which best describes the change in fiduciary duties under limited agency?
(a) There are limitations on the duty of obedience required from the agent. (b) The loyalty duty for single agents is replaced with neutrality. (c) Loyalty obligations now include both buyer and seller. (d) The full disclosure duty has been expanded to include both parties.
Agatha's Inc is about to introduce a new product in the market, but is not sure as to how it should price the product. The company is facing intense competition from 5 other companies
In the past, it has also failed to keep up with the changing consumer wants. In such a situation, what should be its main objective?