Which of the following statements is a feature of the Foreign Corrupt Practices Act (FCPA)?
A)It prohibits U.S.corporations from involving in international business dealings.
B)It prohibits U.S.corporations from making illegal payments to foreign governments.
C)It declines prosecutions against bribery.
D)It offers significant advantages to several U.S. businesses abroad.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) prohibits U.S. corporations from making illegal payments to foreign governments. This includes payments to foreign officials for the purpose of obtaining or retaining business or to influence any act or decision of the foreign official in his or her official capacity. The FCPA does not prohibit U.S. corporations from involving in international business dealings, but rather regulates their behavior in such dealings. The FCPA also does not decline prosecutions against bribery, but rather provides for penalties and enforcement mechanisms for violations of the act. The FCPA does not offer significant advantages to several U.S. businesses abroad, but rather seeks to level the playing field for all businesses by prohibiting bribery and corruption as a means of competing for business opportunities.

Which of the Following Statements Is a Feature of the Foreign