In the United States, the Foreign Corrupt Practices Act was passed dur

QUESTION

In the United States, the Foreign Corrupt Practices Act was passed during the 1970s following revelations that:

A. U.S. companies had bribed government officials in foreign countries in an attempt to win lucrative contracts.

B. U.S. companies were involved in bribing U.S. government officials in cases related to major corporate and accounting scandals.

C. U.S. government bureaucrats demanded bribes from U.S. companies in return for a permit to operate in a foreign country.

D. several companies were selling their products at lower prices in foreign countries than in the United States.

E. successful business owners in the United States often had to pay “protection money” to the Mafia or face violent retribution.

ANSWER

A
In the 1970s, the United States passed the Foreign Corrupt Practices Act following revelations that U.S. companies had bribed government officials in foreign countries in an attempt to win lucrative contracts.