Asked by Ericka Pearce on May 21, 2024
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The Foreign Corrupt Practices Act makes it illegal for an American company to offer or pay money to a foreign official to influence a decision of that official even if the offer is not accepted.
Foreign Corrupt Practices Act
A U.S. law passed in 1977 aimed at preventing companies from bribing foreign officials to gain a business advantage.
American Company
A business organization that is registered and operates in the United States, adhering to the laws and regulations of the country.
Foreign Official
A representative or an employee of a government or governmental body of another country.
- Comprehend the difficulties involved in enforcing international law and the authority of global courts.
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Learning Objectives
- Comprehend the difficulties involved in enforcing international law and the authority of global courts.
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