Answered

the makes it illegal for american companies to bribe a foreign government official in order to obtain or maintain business over which that foreign official has authority, and requires all publicly traded companies to keep detailed records that would reveal whether a violation of the act has occurred.

Answer :

It illegal for American companies to bribe a foreign government official because of The Foreign Corrupt Practices Act (FCPA) .

The Foreign Corrupt Practices Act of 1977 is a federal law of the United States that forbids American citizens and organizations from bribing foreign officials in order to advance their business interests. According to the FCPA, it is illegal for a U.S. person or business to offer, pay, or promise to pay money to any foreign official in order to win or keep business.

In essence, the FCPA prohibits U.S. businesses from paying (or promising the FCPA, it is illegal for a U.S. person or business to offer, pay, or promise to pay money to any foreign official in order to win or keep business.to pay) a foreign official, official of an international organization, official of a political party, or a candidate for political office in order to win or keep a client.

To know more about FCPA visit :

https://brainly.com/question/10522723

#SPJ4

Other Questions