Asked by Amneesh Rehal on Jul 09, 2024

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The Foreign Corrupt Practices Act (FCPA) :

A) attempts to persuade other nations to adopt U.S.rules regarding payments to officials.
B) allows U.S.firms to make payments to facilitate the performance of normal duties.
C) allows U.S.firms to prosecute foreign nationals on bribery charges.
D) allows U.S.firms to make payments to facilitate normal duties and to make payments to obtain special advantages.
E) allows foreign nationals to offer payments to U.S.government officials to expedite trade agreements.

Foreign Corrupt Practices Act

A United States federal law that aims to prevent the bribery of foreign officials for business purposes and ensure accounting transparency.

Bribery Charges

Legal accusations against individuals or entities for offering, giving, receiving, or soliciting something of value to influence actions or decisions of officials or representatives.

Facilitate Performance

The process of making it easier for a system, organization, or individual to achieve its goals and improve effectiveness.

  • Grasp the ethical and legal considerations under the Foreign Corrupt Practices Act in international transactions.
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JR
Jacques RostollJul 11, 2024
Final Answer :
B
Explanation :
The Foreign Corrupt Practices Act (FCPA) permits "facilitating payments" intended to expedite or secure the performance of a routine governmental action by an official, which is different from payments made to obtain or retain business or secure an improper advantage.