ZTE Pleads Guilty to Violating U.S. Sanctions on Iran

ZTE Pleads Guilty to Violating U.S. Sanctions on Iran

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the penalties imposed on ZTE, including an immediate $892 million monetary penalty and a seven-year suspended denial order. Additionally, a $300 million suspended fine is mentioned, both serving as deterrents against future misconduct. If ZTE fails to comply, these penalties will be enforced immediately.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the immediate monetary penalty that ZTE might face if approved by the court?

$750 million

$1 billion

$892 million

$500 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the duration of the suspended denial order agreed upon by ZTE?

Five years

Ten years

Seven years

Three years

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of the suspended fine that ZTE agreed to?

$100 million

$200 million

$300 million

$400 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the penalties imposed on ZTE?

To reduce competition

To encourage more business

To increase market share

To provide long-term deterrence to bad behavior

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under what condition will the penalties be immediately imposed on ZTE?

If they merge with another company

If they increase their profits

If they step out of line

If they fail to pay taxes