The Foreign Corrupt Practices Act does not allow for “facilitating pay

QUESTION

The Foreign Corrupt Practices Act does not allow for “facilitating payments.”

Indicate whether the statement is true or false.

ANSWER

FALSE
Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business. Some U.S. businesses immediately objected that the act would put U.S. firms at a competitive disadvantage. The act was subsequently amended to allow for “facilitating payments.”