Respuesta :
The us congress passed the foreign corrupt practices act after investigations revealed that numerous companies were paying bribes to foreign government officials in exchange for business favors.
Why was the Foreign Corrupt Practices Act created by Congress?
Congress passed the FCPA in response to these well-publicized findings in order to stop the bribery of foreign officials and to regain public trust in the honesty of the American business sector. On December 19, 1977, President Jimmy Carter ratified the Act.
When did the US Congress pass the Foreign Corrupt Practices Act?
The payment of bribes to foreign officials to help with business acquisition or retention is usually prohibited by the Foreign Corrupt Practices Act (FCPA), which was passed in 1977.
What has the Foreign Corrupt Practices Act quillet accomplished?
The United States passed the Foreign Corrupt Practices Act (FCPA) in 1977, making it illegal for American businesses and people to bribe foreign officials in order to advance business deals. The FCPA does not specify a minimum sum to be punished for a bribe payment.
To Know more about business favors.
https://brainly.com/question/6139935
#SPJ4
