The Foreign Corrupt Practices Act (FCPA) makes it illegal for

A) countries who are not members of the EU to invest in the U.S.
B) U.S. firms to invest overseas in businesses.
C) foreign firms to offer nonmonetary gifts to U.S. officials.
D) foreign firms to offer bribes to U.S. firms.
E) U.S. firms and their representatives to offer bribes overseas.

The correct option is E because the Foreign Corrupt Practices Act (FCPA) prohibits U.S. firms and their representatives from offering bribes overseas, specifically to foreign officials for the purpose of obtaining or retaining business. The FCPA was enacted in 1977 to prevent the corruption of foreign government officials and to promote ethical and transparent business practices. It applies to all U.S. persons, including individuals, corporations, and other entities that operate or do business overseas. Failure to comply with the FCPA can result in severe penalties, including hefty fines, imprisonment, and damage to a company's reputation.