Question
Which of the following is incorrect regarding the Foreign Corrupt Practices Act (FCPA)? A. The FCPA prohibits businesses from making certain payments or providing gifts
Which of the following is incorrect regarding the Foreign Corrupt Practices Act (FCPA)?
A. The FCPA prohibits businesses from making certain payments or providing gifts to government officials to influence business decisions.
B. In recent years, the United States has stepped up its FCPA enforcement through criminal suits brought by the Department of Justice (DOJ), rather than through civil cases brought by the Securities and Exchange Commission (SEC).
C. Some critics argue that the FCPA unduly restricts American companies operating abroad and prevents them from competing effectively.
D. The biggest settlements under the FCPA have actually been paid by foreign companies.
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