An influential foreign government official approached your firm requesting a large sum of money.In return for this bribe,the official promises that your firm will receive preferential treatment in future government contracts.You refuse the request,explaining that the _________ Act of the United States prohibits you from making such payments.
A)Federal Trade Commission
B)Sherman Anti-trust
C)Foreign Corrupt Practices
D)Celler-Kefauver

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) of the United States prohibits American companies from bribing foreign officials in order to obtain or retain business. The FCPA is enforced by the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The other options - Federal Trade Commission, Sherman Anti-trust, and Celler-Kefauver - are not relevant to this scenario.

An Influential Foreign Government Official Approached Your Firm Requesting a Large