Dynamic Products Co. (DP) of Atlanta, Georgia, is attending a trade show in Beijing, China, because it wants to penetrate the Asian market. While at the trade show, a DP manager takes some prospective customers out for dinner and drinks and picks up the tab. The customers were mid-level managers at several different companies that were regulated by the government of China. Have violations of the FCPA occurred in this situation

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold