The Foreign Corrupt Practices Act of 1977 was primarily established to ________.
A)distinguish between harmless customs and actual bribery
B)combat corruption initiated by electronics firms and their subsidiaries
C)provide managers with anonymous methods for reporting bribery
D)prosecute international extortionists under the U.S. legal system

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act of 1977 aimed to distinguish between harmless customs and actual bribery. It makes it illegal to provide anything of value to foreign officials in exchange for business advantages. The act applies to all U.S. individuals and entities, as well as foreign firms that trade securities in the United States.

The Foreign Corrupt Practices Act of 1977 Was Primarily Established