The United States passed the Foreign Corrupt Practices Act in response to _______ issues between U.S. companies and foreign countries.

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Kingombeadrien4640idn Kingombeadrien4640idn

03-07-2021
Business

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The United States passed the Foreign Corrupt Practices Act in response to _______ issues between U.S. companies and foreign countries.

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Buchinnamani208idn Buchinnamani208idn · Answer 1 · 2021-07-04T22:09:27-04:00

Buchinnamani208idn Buchinnamani208idn

04-07-2021

Answer:

Bribery

Explanation:

The FCPA(foreign corrupt practices act) Is a US law that was passed in 1977 to tackle bribery and corruption among corporations that pay foreign officials and other foreign companies or institutions for business contracts, or to expedite legal processes. It was popular in the 1970s and was even filed as part of expenses in the financial statements by US corporations.

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