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Cheap to Us

July 18, 2023 |  44 seconds

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A Matter of Perspective
Global Anti-Bribery and Corruption: FCPA

A sales rep is trying to close a deal and gives a gift of a bottle of wine–which she pays for out her own pocket.

A representative from a company is traveling abroad to meet with government officials. Even though–due to the exchange rate–the cost of a 5-star dinner with the officials is cheap for the company, it is still considered something "of value" to the officials. It pushes this dinner into tricky bribery territory.