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The Foreign Corrupt Practices Act (FCPA)

Question 50

Multiple Choice

The Foreign Corrupt Practices Act (FCPA) :


A) prohibits payments of kickbacks to foreign businesses and their corporate officials.
B) imposes recordkeeping and internal-controls requirements on any corporation whose shares are privately traded in the United States.
C) does not require a U.S.parent corporation to make a good faith effort if the parent owns less than a majority interest in the foreign corporation.
D) deals only with payments to foreign governmental officials.

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