The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments,which are:

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act was subsequently amended to allow for "facilitating payments." Sometimes known as speed money or grease payments,facilitating payments are not payments to secure contracts that would not otherwise be secured and nor are they payments to obtain exclusive preferential treatment.Rather they are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government,but might not due to the obstruction of a foreign official.

The Foreign Corrupt Practices Act Was Subsequently Amended to Allow