Which of the following U.S.laws prohibits payments to foreign officials for the purpose of obtaining or retaining business?
A) Sarbanes-Oxley Act of 2002
B) Foreign Corrupt Practices Act of 1977
C) The USA Patriot Act of 2001
D) Personal Responsibility and Work Opportunity Act of 1996

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act of 1977 prohibits US companies and individuals from paying bribes to foreign officials in order to obtain or retain business. Sarbanes-Oxley Act of 2002 regulates financial reporting and the responsibilities of corporate directors and officers. The USA Patriot Act of 2001 aims to enhance national security measures against terrorism. The Personal Responsibility and Work Opportunity Act of 1996 reforms welfare programs.

Which of the Following U