Question

Petro Refining Corporation makes payments to potential customers, suppliers, and others with whom they might do business, including foreign private companies and the representatives of foreign labor organizations. If Petro knows that these payments will be passed on to a foreign government, this practice is_________-

Answer 1

Answer:

Illegal if the payment made will in violation of the Foreign Corrupt Practices Act.

Explanation:

The foreign corrupt practices act says that the companies must not bribe foreign government or privae officials to illigimate business benefits. So this act is illegal according to the rules and regulations set by the US legislation.