The Legal Environment of Business Law
Mike’s Models Inc. is a modeling agency registered in Delaware, specializing in Central and South American women for print, runway, and other modeling work. The company’s manager of the Venezuelan territory, Jose, a Venezuelan citizen, has discovered Sonja and believes that she has the potential to be a superstar. Because permission for her to travel to the United States could take weeks and Mike’s want her for a car show in 10 days, Jose offers the head of Venezuelan immigration services the use of the company’s New York City penthouse and personal use of the company’s limousine the next time the official visits the United States for putting Sonja’s papers through quickly. The official turns him down. Has the Foreign Corrupt Practices Act been violated? Fully explain why or why not.
The Foreign Corrupt Practices Act is a 1977 act which is used widely to put in force the anti-corruption law. Through this act company and people can be held responsible for crimes that they commit abroad. The FCPA is the most widely enforced anti-corruption law in the world………………………