Under the Foreign Corrupt Practices Act (FCPA),_____.
A)U.S. corporations are prohibited to involve in international business dealings
B)U.S. corporations are prohibited to make illegal payments to foreign governments
C)prosecutions against bribery have significantly declined
D)several U.S. businesses are offered significant advantages

Question

Under the Foreign Corrupt Practices Act (FCPA),_____.
A)U.S. corporations are prohibited to involve in international business dealings​
B)U.S. corporations are prohibited to make illegal payments to foreign governments
C)prosecutions against bribery have significantly declined​
D)​several U.S. businesses are offered significant advantages

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) prohibits U.S. corporations from making illegal payments to foreign governments, foreign officials, and political parties. This includes bribes, gifts, and other forms of corrupt payments that are intended to gain an unfair advantage in international business dealings. Prosecutions under the FCPA have increased in recent years, and companies that violate the Act can face significant fines and other penalties. The FCPA is designed to promote transparency and ethical behavior in international trade, and to prevent corruption and unfair business practices.