Foreign corrupt practices act of 1977


Problem:

My business paid $125,000 to a German politician to allow a purchase of a German based company. My business also paid a plant manager $2,000 to a German port officer to allow a shipment to be completed.

Describe how each of these payments would be affected by the Foreign Corrupt Practices Act of 1977(FCPA), Sarbanes-Oxley Act of 2002(SOX) and Security and Exchange Policy(SEC)

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Business Law and Ethics: Foreign corrupt practices act of 1977
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