Case 9-1 U.S. vs. Kay Analysis
LEG500 Law, ethical motive and Goverenance
Summary
In this model, U.S. vs. Kay, American Rice Inc. (ARI), two employees who supervised the tradeee of rice to Haiti are being reprimanded by the United States unusual countermine Pr motivateice Act of 1977 (FCPA) for falsely reporting the saddle and value of the rice being imported to Haiti and bribing the Haitian agencies to take for granted these illegal documents stating this forgery. Kay and potato are on trial for these wrong acts and have been charged with twelve counts of FCPA violations.
The key stakeholders in this case are David Kay, the vice president for marketing of American Rice, Inc. (ARI), Douglas Murphy the president of ARI, other employees and the Haitian government officials who accepted these bribes. They every last(predicate) face operational and ethical issues such as task evasion, bribery, and fraud are what they are facing.
Ethical Analysis
The external Corrupt Practices Act (FCPA) of 1977 prohibits the authorization of the payment of money direct or indirectly, to a contrary official to influence the overseas official in his or her official capacity induces the foreign official to do or omit to do an act in violation of his or her lawful duty (Foreign Corrupt Practices Act, 1977).
Kay and Douglas violated the FCPA by bribing foreign officials to accept falsified documents and lying more or less the weight of the rice being shipped. The paying millions of dollars to Haitian officials to prosecute in this act allowed ARI to avoid paying extra import taxes in Haiti for their rice. Kay and Murphy were directly involved with the supervision and the falsity of shipping records. The FCPA sets out an intent or knowing specimen of liability for corporate management. It requires all companies whether doing business abroad or not to set up a system of national controls that will provide reasonable assurance that the companys records accurately and fairly reflect...If you want to get a plentiful essay, order it on our website: Orderessay
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