The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) was enacted in 1977 to prohibit the payment of bribes to foreign government officials to obtain or retain business. The FCPA applies to all U.S. companies and individuals, as well as foreign companies that trade securities on U.S. exchanges or do business in the United States.

The Foreign Corrupt Practices Act Outlawed the Paying of Bribes