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gladu [14]
3 years ago
9

Rupert and cordelia own an american company that does business in foreign nations. getting a license in a new country can be cha

llenging. as they try to enter into business in a new country, rupert fills out the license paperwork and takes it to the correct office. there he pays the front-desk person $100 to process the paperwork, as is the custom in that country. cordelia, who has connections in that country, schedules an appointment with the minister of commerce, who has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license. which payment(s) likely violated the foreign corrupt practices act?
Business
2 answers:
Lyrx [107]3 years ago
6 0

Answer:

The payment made by Cordelia

Explanation:

In the scenario it stated clearly that Rupert filled out what would have been a normal application form for operational license in the country

However Cordelia using connections was able to schedule a meeting with the government official that <u>has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license.</u>

Cordelia payment is nothing short of bribery and corruption because it is not a legally required payment and the motive was clearly to unduly influence the minister to approve their license.

Such payment will likely violate the foreign corrupt practices act

Naily [24]3 years ago
3 0

Answer:

The paymeng by Cordelia

Explanation:

The first payment made by Rupert is a normal payment of $100?made by any foreign company to process the paperwork as is the customin that country.

The second payment paid by Cordelia comes as a result of the connections Cordelia has in that country with the minister of commerce, who has the authority to determine which foreign companies get heir license. This payment of $200 violares the foreign corrupt practices act, the reason being is that it is bribery and corruption, it is not a legal payment and by right should not be tolerated.

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Answer & Explanation: Lena would respond to the buyer's request of wanting a house in the Cuban neighborhood by explaining to her that legally and ethically, she cannot provide housing recommendations based on national origin as it is a form of housing discrimination which is enshrined in the Fair Housing Act. The Act can take several forms, one of which is discrimination based on national origin.

7 0
3 years ago
the sale of a computer at net book value had been credited in error to the Sales account 230 how do we record on the journal​
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3 years ago
Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial,
juin [17]

Answer:

C) 10%

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6 0
3 years ago
Pfister Corporation has Long-term Assets of $485,000, Current Liabilities of $150,000, Long-term Liabilities of $220,000 and Own
Stels [109]

Answer:

$205,000

Explanation:

Total liabilities=current liabilities+long-term liabilities

total liabilities=$150,000+$220,000

total liabilities=$370,000

total owners'equity plus liabilities=$320,000+$370,000=$690,000

long-term assets+current assets=liabilities+owners'equity

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let CA represent current assets

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CA=$205,000

3 0
3 years ago
XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finish
Juli2301 [7.4K]

Answer:

10,900 units

Explanation:

The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = Beginning inventory + purchases - closing inventory

In this case,  COGS will be 11,000 units:  Beginning balance 1100 and ending balance of 1000.

11,000 = 1100 + P -1000

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11,000 = 100 + P

P= 11,000 -100

P= 10,900

Productions should be 10,900

4 0
3 years ago
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