The Foreign Corrupt Practices Act of 1977 (FCPA)

question 46

Multiple Choice

The Foreign Corrupt Practices Act of 1977 (FCPA) :

• A) makes it unlawful for an American company or its agents to offer or give anything of value to a foreign official for the purpose of influencing the official's acts or decisions.
• B) requires that American companies in foreign countries adhere to the same health and safety standards in that country as they do in the U.S.
• C) outlaws American business from engaging in business in countries, which, as determined by the Department, have governments "repugnant to American law and social values."
• D) None of these is correct.

---

Definitions:

Firm

A business organization or entity that buys and sells goods or services, often to make a profit.

Owners

Entities or individuals that possess legal rights and control over property, businesses, or assets.

Expected Rate

An anticipated return on investment, often based on historical data or forecast models, that investors use to make decisions.

Interest Rate

The amount charged by a lender to a borrower for the use of assets as a percentage of the principal.