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Which of the following is true of the Foreign Corrupt Practices Act?

Which of the following is true of the Foreign Corrupt Practices Act of 1977? It is designed to stop bribery of foreign officials by American citizens.

Which of the following statements best summarize the Foreign Corrupt Practices Act?

Which of the following statements best summarize the Foreign Corrupt Practices Act? The FCPA criminalized bribery of foreign public officials by American business enterprises.

What is the Foreign Corrupt Practices Act quizlet?

The Foreign Corrupt Practices Act (FCPA) is a United States law passed in 1977 that prohibits U.S. firms and individuals from paying bribes to foreign officials in furtherance of a business deal. The FCPA places no minimum amount for a punishment of a bribery payment.

Which of the following best describes an important provision of the US Foreign Corrupt Practices Act?

The FCPA has two primary provisions: (1) an anti-bribery provision which makes it unlawful for a U.S. company or citizen, and certain foreign issuers of securities, to make a corrupt payment to a foreign official for the purpose of obtaining or retaining business and (2) an accounting provision which requires companies ...