Name the law that was designed in 1977, to stop bribery of foreign officials and to prohibit U. S. citizens and companies from making payments to foreign officials whose duties are not "essentially ministerial or clerical" for the purpose of obtaining business.

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Business

Kamari Pratt

16 April, 05:46

Name the law that was designed in 1977, to stop bribery of foreign officials and to prohibit U. S. citizens and companies from making payments to foreign officials whose duties are not "essentially ministerial or clerical" for the purpose of obtaining business.

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Ezequiel Ayers · Answer 1

Foreign Corrupt Practices Act

Explanation:

FCPA or Foreign Corrupt Practices Act was enacted in 1977 to prohibit individuals in US from bribing foreign government officials so as to obtain business license or retain business operations.

Individuals are prohibited from sharing any mails that constitutes any payment link or promise to pay which is directly or indirectly intended to solicit illegal assistance from foreign government officials.