Which of the following allows for financial sanctions against businesses or business officials who engage in bribery?
A) Sarbanes-Oxley Act
B) SEC Act
C) U.S. Foreign Corrupt Practices Act
D) NRA
E) Political Action Committees

Question

Quizplus · Accepted Answer

The U.S. Foreign Corrupt Practices Act (FCPA) allows for financial sanctions against businesses or business officials who engage in bribery of foreign officials in order to obtain or retain business. The Sarbanes-Oxley Act and SEC Act focus on ensuring accurate financial reporting and transparency in publicly traded companies. The NRA (National Rifle Association) and Political Action Committees (PACs) are not relevant in this context.

Which of the Following Allows for Financial Sanctions Against Businesses