Anti-Bribery Laws and Gift Policies
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Questions and Answers

What is prohibited under the FCPA and UK Bribery Act?

  • Bribing foreign public officials (correct)
  • Making cash payments to private sector employees
  • Giving gifts of minimal value to foreign public officials
  • Offering entertainment to foreign public officials
  • What kind of gifts are permissible under the FCPA and UK Bribery Act?

  • Cash payments
  • Gifts of minimal value
  • Gifts that are culturally relevant (correct)
  • Entertainment
  • In which country is it customary to bring small gifts to meetings?

  • The United States
  • The United Kingdom
  • Germany
  • Japan (correct)
  • Study Notes

    • The FCPA prohibits bribery of foreign public officials, including those acting in an official capacity for or on behalf of a government department, agency, or instrumentality.
    • The UK Bribery Act is similar, but also includes private sector employees.
    • A bribe is any gift, cash payment, or other benefit given to a foreign public official in order to improperly influence their decision making.
    • Gifts must be of minimal value, not cash, and must not be intended to improperly influence the recipient.
    • Entertainment is not permissible under the FCPA or UK Bribery Act, but small gifts are allowed if culturally relevant.
    • Gifts and entertainment policy must be reported and documented.
    • In Japan, it is customary to bring small gifts to meetings.

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    Description

    Test your knowledge of anti-bribery laws and gift policies in international business with this quiz. Explore the regulations of the FCPA, UK Bribery Act, and cultural considerations for gifts in Japan.

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