As discussed in the text, which of the following is true in China when fraud is involved?
A) Because of the governmental interest in increasing international business, it is very difficult to prove fraud when an international business is involved.
B) Because of the governmental interest in increasing international business, few penalties are imposed on international businesses that are guilty of fraud.
C) Because of the governmental interest in increasing international business, it is very difficult to prove fraud when an international business is involved; and few penalties are imposed on international businesses that are guilty of fraud.
D) Chinese law does not recognize the concept of fraud.
E) Fraudulent misrepresentations have resulted in heavy fines and refusals to allow any more agreements with Chinese firms.
Correct Answer:
Verified
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