Foreign Corrupt Practices Act Violation
Bridge Building Corp. is bidding for a government contract to build a bridge in a foreign country. The company is informed that it will only receive the contract if it pays $25,000 to the local government official responsible for awarding it. If the company makes such an offer, it will be subject to which of the following legal consequences?
ANone of these.
BA fine imposed by the World Trade Organization (WTO) for violating free trade rules.
CProsecution in the United States under the Foreign Corrupt Practices Act.
DSanctions imposed by the Organisation for Economic Co-operation and Development (OECD) for subverting market economics and democratic governance.
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