Of the following statements about the Organization for Economic Cooperation and Development (OECD) Anti-Bribery Convention (the "Convention") which are untrue.

A) Participating countries include countries in Western Europe and North America
B) The Convention requires signatories to make it a crime to bribe foreign public officials
C) The Convention includes the application of criminal penalties
D) The Convention bans gifts to political parties
E) The Convention outlaws tax deductibility for bribes
F) All are statements are true
G) Statements d and e are untrue

Question

Of the following statements about the Organization for Economic Cooperation and Development (OECD) Anti-Bribery Convention (the "Convention") which are untrue.

A) Participating countries include countries in Western Europe and North America
B) The Convention requires signatories to make it a crime to bribe foreign public officials
C) The Convention includes the application of criminal penalties
D) The Convention bans gifts to political parties
E) The Convention outlaws tax deductibility for bribes
F) All are statements are true
G) Statements d and e are untrue

Quizplus · Accepted Answer

Statements D and E are untrue. The Convention does not ban gifts to political parties, but rather it requires countries to criminalize bribery of foreign public officials. Additionally, the Convention does not specifically outlaw tax deductibility for bribes, but it does require countries to ensure that such bribe payments are not tax-deductible.

Of the Following Statements About the Organization for Economic Cooperation