What was the outcome of Monsanto’s bribe to the Ministry of Environment?
Answer
Correct Answer:
Agreed to pay a fine of $1.5 million
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Equatorial Guinea had been ravaged by an 11-year dictatorship by ______ as it struggled to overcome centuries of colonialism that had stripped the country of its few natural resources.
Answer
Correct Answer:
President Obiang
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Which oil company has been criticized for helping to sustain the Obiang regime, which continues to engage in vast corruption and human rights abuses?
Answer
Correct Answer:
Exxon Mobil
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How did Exxon Mobil defend its working with Obiang to U.S. Foreign Corrupt Practices Act?
Answer
Correct Answer:
They never bribed anyone in Equatorial Guinea.
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Under the terms of the Exxon Mobil oil contract, the company keeps much of the oil it takes from ______ and pays the government royalties, bonuses, and taxes.
Answer
Correct Answer:
Zafiro
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U.S. District Court for the District of Columbia charged Monsanto with failure to ______ an adequate system of internal accounting controls.
Answer
Correct Answer:
Develop and modify
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U.S. District Court for the District of Columbia charged Monsanto with failure to ______ an adequate system of internal accounting controls.
Answer
Correct Answer:
Devise and maintain
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What did Monsanto offer the Ministry of Environment to repeal the environmental impact study requirement?
Answer
Correct Answer:
$50,000
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Which president was accused of countless human rights abuses, with their country sometimes described as a “human rights sinkhole?”
Answer
Correct Answer:
President Suharto
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Monsanto was giving “gifts” and gratuities to the right people in order to help ensure approval of its ______.
Answer
Correct Answer:
Genetically modified cotton crops
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Bribes and generous payments made to ______ have become a way of life in some countries.
Answer
Correct Answer:
Public officials
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Underpaid hospital physicians and pharmacists were susceptible to the sort of bribes offered by Big Pharma companies like ______.
Answer
Correct Answer:
GlaxoSmithKline
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The ______ and ______ of Chinese doctors and health care workers have led to their susceptibility to bribery.
Answer
Correct Answer:
Low salaries; restrictions
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Despite comprehensive new ______ and stricter enforcement of old ones, bribery remains rife throughout pockets of the global economy.
Answer
Correct Answer:
Laws
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Bribes corrupt those who give and receive these illegal payments, while also diminishing ______ and political legitimacy.
Answer
Correct Answer:
Economic efficiency
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U.S. prosecutors pursued the Odebrecht construction company for violating the ______.
Answer
Correct Answer:
Foreign Corrupt Practices Act
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How is the United Kingdom Parliament Bribery Act related to the Foreign Corrupt Practices Act?
Answer
Correct Answer:
Both laws are fighting to stop corruption and bribery in foreign countries.
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Small payments made to expedite routine activities, such as clearing some goods through customs, are an example of ______.
Answer
Correct Answer:
Facilitation payments
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What law outlaws the payment of bribes by “domestic concerns” to government officials and political parties, although the word bribe doesn’t appear in the statute?
Answer
Correct Answer:
Foreign Corrupt Practices Act
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What does FCPA stand for?
Answer
Correct Answer:
Foreign Corrupt Practices Act
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Bribery occurs more often in countries that pay their ______ quite poorly.
Answer
Correct Answer:
Civil servants
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Oil, gas, mining, construction, and transportation are the most ______ bribery sectors of the global economy.
Answer
Correct Answer:
Common
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Most economists concur that a pattern of bribery actually ______ a country’s economic growth.
Answer
Correct Answer:
Hurts
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______ is when someone offers or gives something of value in exchange for some service provided by another.
Answer
Correct Answer:
Bribery
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Abuse of public office for private gain is also called ______.
Answer
Correct Answer:
Corruption
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Bribery and ______ are a pervasive social problem with a long and sordid history.
Answer
Correct Answer:
Corrupt leadership
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The abuse of a public office for private gain the corruption abuse of a public office for general gain.
Answer
Correct Answer:
False
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One person’s gain of something of value in do not change for providing a service
Answer
Correct Answer:
True
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