Which of the following is true with regard to the OECD Anti-Bribery Convention?
A. The Convention requires signatories to make the act of bribery and the making of other forms of illicit payments to foreign public officials a criminal offense, whether paid directly or indirectly.
B. Small “facilitation” payments that are not made “to obtain or retain business” are viewed as an offense.
C. According to the Convention, the definition of a foreign public official excludes officials of public agencies and public enterprises at least 50 percent owned by the government.
D. The Convention pertains to private-to-private bribery.
Answer:A
Which of the following is true with regard to the OECD Anti-Bribery Convention?
A. The Convention requires signatories to make the act of bribery and the making of other forms of illicit payments to foreign public officials a criminal offense, whether paid directly or indirectly. B. Small “facilitation” payments that are not made “to obtain or retain business” are viewed as an offense. C. According to the Convention, the definition of a foreign public official excludes officials of public agencies and public enterprises at least 50 percent owned by the government. D. The Convention pertains to private-to-private bribery.