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Business English Exercises
 

The Foreign Corrupt Practices Act

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Home > Teaching Business English > Business English Lessons, Advanced Level # 435
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the foreign corrupt practices act question 1
During and after the Securities and Exchange Commission investigation in the1970s, more than 400 US companies admitted to illegal or ......... payments in excess of US$200 million to foreign political parties, politicians and officials.


the foreign corrupt practices act, answer 1 the foreign corrupt practices act, business vocabulary intermediaries, conspire, inhibited vs unanswerable

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the foreign corrupt practices act question 2
These payments ran the gamut from 'facilitating' payments to ensure government officials ......... certain duties to bribery to secure some favorable action by foreign governments.


the foreign corrupt practices act, answer 2 terms of economy align, caliber, realized, grid, leverage, discarded vs discharged vs disdained vs displayed

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the foreign corrupt practices act question 3
The US Congress enacted the Foreign Corrupt Practices Act in order to ......... a halt to bribing foreign functionaries and restore public confidence in the honesty of the US system of business.


the foreign corrupt practices act, answer 3 insurance vocabulary adversarial, reciprocation, iterative, bring vs call vs grind vs stage

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the foreign corrupt practices act question 4
A number of companies that bribed foreign officials received large fines, along with suspension and ......... from US government procurement contracting, while some employees and executives went to prison.


the foreign corrupt practices act, answer 4 business words flawed, fly, systemic, swings, taken, debarment vs debasement vs disbarment vs disbursement

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the foreign corrupt practices act question 5
After passage of the Act, Congress was worried that US firms were now at a disadvantage to foreign firms, who ......... used bribery and were actually permitted in some countries to use the cost of such payments as business expense deductions on their tax returns.


the foreign corrupt practices act, answer 5 banking term list real estate, master, joint, discount, crash of, carelessly vs mundanely vs routinely

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the foreign corrupt practices act question 6
From 1999, the anti-bribery provisions of the Act have also applied to foreign individuals and companies who take any action in ......... of such corrupt payments while in the USA.


the foreign corrupt practices act, answer 6 the foreign corrupt practices act, currency vocab ex-legal, cusip, warranty, instruments, evidence

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the foreign corrupt practices act question 7
The Act's accounting provisions, designed to operate in ......... with its anti-bribery provisions, require companies to keep records that accurately reflect their transactions and to maintain adequate internal controls.


the foreign corrupt practices act, answer 7 law estate terms performance, ordinary, conduits, relief, league vs sequence vs tandem vs union

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the foreign corrupt practices act question 8
Regarding the basic prohibition against bribery, several elements must be met in order for the act to ......... a violation of the Foreign Corrupt Practices Act.


the foreign corrupt practices act, answer 8 ipos terminology dax, arbitrage, turnover, straight, rollover, compile vs complete vs constitute vs construe

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the foreign corrupt practices act question 9
Persons and corporations can also be penalized if they authorize, order or assist anyone else to violate the anti-bribery provisions of the FCPA or if they ......... to violate them.


the foreign corrupt practices act, answer 9 brokerages term clearance, nonperiodic, bounced, credit, arm length, aspire vs assent vs conspire vs consent

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the foreign corrupt practices act question 10
It is illegal to pay a third party while knowing that some or all of that payment will go directly or indirectly to a foreign official: the Act forbids corrupt payment through ..........


the foreign corrupt practices act, answer 10 dividends words compromised, woefully, latched, slick, amanuenses vs corollaries vs emissaries vs intermediaries

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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