Question

The _________ makes it illegal for individuals, firms, or third parties doing business in American markets to "make payments to foreign government officials to assist in obtaining or retaining business."

1) U.S. Foreign Corrupt Practices Act (FCPA)
2) Kyoto Protocol
3) World Trade Organization (WTO)
4) Consumer Protection Act
5) Gramm-Leach-Bliley Act

Answer 1

The U.S. Foreign Corrupt Practices Act (FCPA) makes it illegal for individuals, firms, or third parties doing business in American markets to make payments to foreign government officials to assist in obtaining or retaining business.

Step-by-step explanation:

The U.S. Foreign Corrupt Practices Act (FCPA) makes it illegal for individuals, firms, or third parties doing business in American markets to "make payments to foreign government officials to assist in obtaining or retaining business." This act was enacted in 1977 and is aimed at preventing bribery and corruption in international business transactions.