Question

An influential foreign government official approaches your firm requesting a large sum of money. In return for this bribe, the official promises that your firm will receive preferential treatment in future government contracts. You refuse the request, explaining that the _________ Act of the United States prohibits you from making such payments.
A. Federal Trade Commission
B. Sherman Anti-trust
C. Foreign Corrupt Practices
D. Celler-Kefauver

Answer 1

Answer: FOREIGN CORRUPT PRACTICES

Explanation: Foreign corrupt practices was established in the United States in 1977. This act forbids business and organizations from offering bribe of any sort to government to benefit in one way or another from the government such as the securing of a contract or 'special' waivers or preferential treatment.

The payments may not necessarily be to foreign officials, candidates, and parties, but payments made to any other recipient in furtherance of influencing a foreign official, candidate, or party.

Answer 2

Answer: It is the "FOREIGN CORRUPT PRACTICES". Option C it the most correct option.

Explanation:The Foreign Corrupt Practices Act of 1977 is a federal law in the United States of America, it was enacted by the 95th United States Congress. This law prohibits U.S. citizens or organization from giving any money or any thing in the form of bribe to any government officials, so as to benefit their business interests.

Given any money, be it a large sum or a little amount of money to any government official, to help actualize his or her political interest and to influence your business in a positive way, is prohibited by this law. And any such person is an offender of the law, and punishable by the law.