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ANTONII [103]
3 years ago
7

A United States firm recently won a large contract with a company in Malaysia, by providing the foreign nation's government offi

cials with American cars and a promise of additional monetary gifts. Clearly, this procedure: Group of answer choices violates the Foreign Corrupt Practices Act. defines the common business practices of the foreign nation and should be respected. defines the terms of the business contract, and as long as both parties sign, the agreement is binding. violates the Fair and Balanced Competitive Practices Act.
Business
1 answer:
Nataly [62]3 years ago
4 0

Answer:

violates the Foreign Corrupt Practices Act.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.

The Foreign Corrupt Practices Act (FCPA) is a federal law of the United States of America that explicitly prohibits its citizens and business firms from engaging in bribery of foreign of foreign government officials in order to gain favors or profit their business. This Act was enacted by the 95th US Congress and signed into law by President Jimmy Carter on the 19th of December, 1977.

In this scenario, a United States firm recently won a large contract to provide Malayalam government officials with American cars and a promise of additional monetary gifts. Hence, this procedure clearly violates the Foreign Corrupt Practices Act of 1977.

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When allocating their assets bankers take into account their reserve equipment. Property, plant and equipment is initially measured at its cost, sub­se­quently measured either using a cost or reval­u­a­tion model, and de­pre­ci­ated.

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3 years ago
TL Company has expected earnings of $75 in one year if it does well and $25 if it does poorly. The firm has outstanding debt of
Juliette [100K]

Answer:$27.78

Explanation:

Expected value of debt after one year = (40* .60)+(15*.40)

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=$ 30

Current value of debt = Value at 1year / (1+r)^n

= 30/ (1+.08)^1

= 30 / 1.08

=$ 27.78

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3 years ago
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Anit [1.1K]
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4 0
3 years ago
DuBois, Inc. announces a large stock dividend of 65% of the 4.96 million outstanding shares of common stock. The current price p
Karolina [17]

Answer:

Option (B) is correct.

Explanation:

Dividend per share:

= (65% of Par value of the stock)

= (65% × 0.01)

= $0.0065

Hence, the total dividend:

= (Dividend per share × outstanding shares of common stock)

= (0.0065 × 4.96 million)

= $32,240

Hence, the dividend would cause a decrease in retained earnings.

Therefore, the correct option is B.

6 0
3 years ago
Briefly discuss the difference between these two concepts. A. Perfect competition results in productive efficiency but not neces
Butoxors [25]

Question:

Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost. In this case, the price the consumers are willing to pay is almost equal to the marginal utility they derive from the good or the service.

Productive efficiency is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost. To be productively efficient means the economy must be producing on its production possibility frontier.

Required

Briefly discuss the difference between these two concepts.

A) Perfect competition results in productive efficiency but not necessarily allocative efficiency.

B) Productive efficiency pertains to production within an industry while allocative efficiency pertains to production across all industries.

C) Productive efficiency results in zero economic profits but allocative efficiency does not.

D) Perfect competition results in allocative efficiency but not necessarily productive efficiency.

E) Economic surplus is maximised with productive efficiency but not necessarily with allocative efficiency.

Answer:                      

The correct answer is  E    

Explanation:

Economic efficiency refers to a situation where all goods and factors of production in an economy are distributed or allocated to their most valuable use with little or no waste.

Economic efficiency is maximized when price (P) from selling the product is equal to marginal cost (MC) of producing it:

P = MC

When price (P) is equal to marginal revenue (MR), both profit and efficiency are maximized.

Caption:

Max Profit = Max Efficiency

When P = MR = MC

Whether price is equal to marginal revenue or not depends on how pricing is done.

Cheers!

5 0
3 years ago
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