The Foreign Corrupt Practices Act was passed to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act was passed to prohibit the bribery of foreign officials and to prevent corruption in international business transactions. It does not directly relate to improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

The Foreign Corrupt Practices Act Was Passed to Protect Investors