Foreign corrupt practices act of 1977 was passed to curb corruption practices in U.S based companies. The FCPA has two major sections: Part I prohibits foreign bribes and Part II requires publicly held companies to maintain an adequate system of internal control and accurate records. To choose: The correct option.

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Chapter 14, Problem 14.4.1E

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Introduction:Foreign corrupt practices act of 1977 was passed to curb corruption practices in U.S based companies. The FCPA has two major sections: Part I prohibits foreign bribes and Part II requires publicly held companies to maintain an adequate system of internal control and accurate records.

To choose:The correct option.

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