Unit 3 MBA524 Business Law And Ethics Homework

Question # 00801112 Posted By: dr.tony Updated on: 04/06/2021 05:02 AM Due on: 04/06/2021
Subject Education Topic General Education Tutorials:
Dot Image

MBA524 Business Law And Ethics Homework Unit 3

A Philip Morris subsidiary, C. A. Tabacalera National, and a B.A.T Industries subsidiary known as C. A. Cigarrera Bigott entered into a contract with La Fundacion del Nino (the Children’s Foundation) of Caracas, Venezuela. The agreement was signed on behalf of the foundation by the foundation’s president, who also was the wife of the then–president of Venezuela. Under the terms of the agreement, these two tobacco firms were to make periodic donations to the Children’s Foundation totaling $12.5 million. In exchange, the two firms would receive price controls on Venezuelan tobacco, elimination of controls on retail cigarette prices in Venezuela, tax deductions for donations, and assurances that the existing tax rates applicable to tobacco companies would not be increased. 



Is the donation to the charity a violation of the FCPA? [Lamb v Philip Morris, Inc., 915 F.2d 1024 (6th Cir. 1990; cert. denied, 498 U.S. 1086 (1995))

Dot Image
Tutorials for this Question
  1. Tutorial # 00797408 Posted By: dr.tony Posted on: 04/06/2021 05:02 AM
    Puchased By: 2
    Tutorial Preview
    The solution of Unit 3 MBA524 Business Law And Ethics Homework...
    Unit_3_MBA524_Business_Law_And_Ethics_Homework.ZIP (18.96 KB)

Great! We have found the solution of this question!

Whatsapp Lisa