A United States company won a large contract with a company in Sri Lanka by giving government and company representatives American cars. The company also promised to provide monetary gifts in exchange for the business. Fortunately, U.S. law, under the Foreign Corrupt Practices Act, permits U.S. companies to operate in this manner.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act defines bribery or payments to foreign businesses or the management of foreign businesses in exchange for business contracts as illegal.

A United States Company Won a Large Contract with a Company