10/30 Class black money Flashcards
1
Q
foreign corrupt practices acts
A
anti corruption
must keep adequate books and records
must maintain adequate internal controls to ensure that books and records are accurate
1.this involves anything of value to any person
2. knowing that it will be offered or given to a foreign official
3. to obtain or retain business
2
Q
anything of value
A
cash or cash equivalents, vacations, etc
3
Q
knowing
A
liability can be based on conscious disregard of wrongful conduct or willfulness to bribe
4
Q
books and records need to be in reasonable detail
A
accurately and fairly reflect transactions that take place
5
Q
DOJ
A
has an FBI squad dedicated to FCPA investigations
