A company pays bribes in foreign countries in order to conduct operations there. What legal consequences can the company face?
1. No legal consequences as long as the bribe was legal in the country where it was paid.
2. No legal consequences as long as the company was acting in the best interests of shareholders.
3. No legal consequences astong as the company had no choice but to pay the bribe if it wished to do business in the foreign country.
4. Legal consequences under the Foreign Corrupt Practices Act.
5. Legal consequences under Glass-Steagel