law,amended by the International Anti-Dumping and Fair Competition Act,makes it a crime for U.S.corporations to bribe an official of a foreign government or political party to obtain or retain business in a foreign country,is referred to as the
A) International Law for Egalitarian Ethics Act.
B) International Fair Practices Act.
C) Law of International Equity Act.
D) International Law of Ethical Business Practices Act.
E) Foreign Corrupt Practices Act.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits U.S. companies or individuals from offering, paying, or promising to pay anything of value to a foreign official, political party or candidate for the purpose of obtaining or retaining business or gaining an unfair advantage. The FCPA was amended by the International Anti-Dumping and Fair Competition Act to include provisions related to anti-dumping and fair competition. Therefore, option (E) is the correct answer.

Law,amended by the International Anti-Dumping and Fair Competition Act,makes It