Answer: State and local emergency fund management
Explanation:
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Electronic hacking and illegal trespassing for the purposes of acquiring a competitor’s proprietary information are considered economic espionage.
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What is economic espionage?</h3>
- Economic espionage includes electronic hacking and illegal trespassing to obtain a competitor's proprietary information.
- Economic espionage is defined as the illegal or covert targeting or acquisition of sensitive financial, trade, or economic policy information; proprietary economic information; or technological information.
- Using bribery, cyber-attacks, "dumpster diving," and wiretapping.
- Creating seemingly innocent relationships with US companies in order to gather economic intelligence, including trade secrets.
- President Clinton signed the Economic Espionage Act of 1996 into law.
- It criminalizes the theft or misappropriation of trade secrets.
- It is notable for being the first federal statute to broadly define and severely punish such misappropriation and theft.
Therefore, electronic hacking and illegal trespassing for the purposes of acquiring a competitor’s proprietary information are considered economic espionage.
Know more about economic espionage here:
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Answer:
a. financial statement disclosure requirements
d. requirement of monitoring contracts with foreign agents
Explanation:
The Foreign Corrupt Practices Act was an act that was passed in 1977 and received two amendments in 1988 and 1998. The act aims to prohibit companies and their officers from influencing foreign officials with payments and rewards - bribery. The act also has a series of accounting requirements that are designed to ensure that shareholders have an accurate view of the company’s finances.
