Question

A highly powerful foreign government official approaches your company and requests a large sum of money. In return for this bribe, he promises your company will receive preferential treatment in all future government contracts. You quickly refuse his request, explaining that the _________ Act of the United States prohibits you from making such payments

Answer 1

Answer:

Foreign Corrupt Practices

Explanation:

A highly powerful foreign government official approaches your company and requests a large sum of money. In return for this bribe, he promises your company will receive preferential treatment in all future government contracts. You quickly refuse his request, explaining that the Foreign Corrupt Practices Act of the United States prohibits you from making such payments .

The Foreign Corrupt Practices Acts which was passed in 1977 prohibits United States citizens or businesses from bribing foreign officials in order to promote or benefit their business interests.