Current Attempt in Progress

The Foreign Corrupt Practices Act is a law enacted in $1977$ that makes it illegal for American companies or citizens to pay foreign government officials to help in obtaining new business or retaining business in other countries. In $1988,$ it was expanded to cover foreign companies that operate in or have securities listed in the United States. What is TRUE regarding this law?

It allows you to pay fees to government officials in other countries, in return for providing services to them under new contracts.

It made it legal in all cases for operate in the United States, but have holdings in other countries, which have a different set of contingencies describing how foreign governments can be paid by American companies.

It makes it illegal in all cases to make payments to foreign government officials.

It allows specific payments, known as facilitation payments, to government officials to perform tasks they were already bound to perform, such as obtaining new licenses or permits in that country.