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Business, 28.05.2021 21:30 poolwaterisgross

Categorize the following as a facilitating payment (grease payment), a bribe or neither of these under the Foreign Corrupt Practices Act. Explain why they chose a certain answer. Jane Jones, who works for XYZ Corporation (a U. S. publicly-traded company), has documents that she needs to clear customs in order to make it to an important business meeting on time. She decides to pay the customs official $500 in order to move to the front of the line. Same facts as above, but Jane decides to pay the customs official $5000. Jane gives a steel letter opener with XYZ Corporation imprinted on it to a foreign government official as a gift. The country where a major foreign client is based was recently hit by a devastating earthquake. Competitors of XYZ Corporation are donating approximately $150,000 each to foreign relief efforts. XYZ Corporation also decides to donate a similar amount.

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