In order to combat U.S.corporations' use of illegal payments and bribes in international business dealings,Congress enacted:
A)the Future Corporation Protection Act.
B)the Foreign Corrupt Practices Act.
C)the Foreign Trade Act.
D)the International Treaty Clause.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) was enacted by Congress to prohibit U.S. corporations from making illegal payments and bribes to foreign officials in order to obtain or retain business. The FCPA applies to all individuals and entities subject to U.S. jurisdiction, including foreign companies that trade securities in the U.S. Additionally, the FCPA requires companies to maintain accurate records and internal controls to prevent illegal payments, and imposes penalties for violations.

In Order to Combat U