The provision that means that a firm is liable for bribes or questionable payments made by agents hired by the firm, even if members of the firm did not actually make the payments or see them being made is known as

Question

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The provision that means that a firm is liable for bribes or questionable payments made by agents hired by the firm, even if members of the firm did not actually make the payments or see them being made is known as the reason-to-know provision. This provision holds a company responsible if it should have known that an agent was engaging in corrupt behavior on the company's behalf. Therefore, answer choice A - reason-to-know provision - is the correct one.

The Provision That Means That a Firm Is Liable for Bribes