Question

A cash payment of $250,000 was made by Durdy Coal, Inc., a U.S. corporation, to DCI's agent with the instruction "put this to good use on DCI's behalf." In turn cash is paid to the State Importation Officer of the People's Republic of China in order to secure a Chinese import license. Is this legal or illegal under U.S. law? What is the most relevant U.S. statute regarding this scenario?

Answer 1

Illegal

Step-by-step explanation:

It is ILLEGAL under the U.S law

The Foreign Corrupt Practices Act prohibits U.S. companies from engaging in any acts in furtherance of bribery and from as well authorizing bribe due to the fact that the

cash payment of $250,000 that was made by Durdy Coal, Inc., a U.S. corporation, to DCI's agent with the instruction "put this to good use on DCI's behalf." In which the same cash was been paid to the State Importation Officer of the People's Republic of China in order to secure a Chinese import license is ILLEGAL under the U.S law because it is a form of bribery.