Question
A company claims it implemented adequate procedures to
prevent bribery. According to the PC Act, this is:Solution
Section 9 provides a statutory defence for commercial organisations. A company that proves it had adequate procedures to prevent bribery is not criminally liable. This defence applies broadly to all companies, regardless of ownership or certification status. Courts emphasise that robust internal compliance systems, anti-bribery policies, and monitoring mechanisms constitute this defence. Option B is correct. Other options incorrectly limit applicability or misstate procedural requirements. This provision aligns Indian law with international anti-corruption standards, including the UK Bribery Act.
Segmentation based on customers’ frequency of credit card usage is:
The competitive situation where airtel, idea, and Jio control over 90 percent of the mobile phone market is called a(n):
Makemytrip.com, Housing.com, and Easemytrip.com are all Internet companies that are called "go-betweens." Since the purpose of these websites is to put ...
Brand managers can use Twitter strategically to accomplish all of the following, except:
The use of Sachin Tendulkar in LivPure commercials rather than an unknown model is an example of a very popular form of advertising today - the use of:
DDN club health magazine is a publication that is sent to all senior club members, who by organization definition have to be at least 50 years old to jo...
Major factor influencing loan default risk is:
Direct selling involves ______ active customer involvement and _______ active retailer involvement.
A bank balancing profitability with environmental lending practices reflects:
Consumers have more difficulty evaluating services than they do products; the difficulty results from the:
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