International Law ? Chapter 7 ? FCPA Only Paying a bribe by disguising it as a consulting fee is an exemption to the FCPA. False. Just ?calling something by a different name? is one way we try to avoid facing ethical dilemmas and it does not work ethically or legally, especially in this context. See the first paragraph on page 222. The FCPA prohibits facilitation payments. False. These are exceptions to the rule. See page 222. Payments to officials to influence their independent judgment are illegal under the FCPA. True. Penalties for violations of the FCPA are up to twice the benefit obtained by the bribe. True. See the Alternative Fines Act on the bottom of page 222. The OECD Convention on the Combating Bribery of Foreign Public Officials in International Business Transactions will result in a form of the FCPA to be enacted in all of the member nations. True. See page 226. Multiple Choice The Provisions on the OECD Convention include Prohibiting off-the-books accounts Prohibiting currency fluctuations Stabilizing currencies Does not include bribes to political parties and political officials [Note: See page 227.]
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