U.S. businesses consider The Foreign Corrupt Practices Act as legislation that has helped increase their profits abroad.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act makes it illegal for U.S. companies and individuals to engage in bribery of foreign officials. While it may create some challenges for businesses operating abroad, it ultimately aims to promote ethical behavior and level the playing field for all companies. Therefore, it is unlikely that businesses would consider it as legislation that has helped increase their profits abroad.

US Businesses Consider the Foreign Corrupt Practices Act as Legislation