Which of the following occurs when an employee demands a payment from a vendor in order to make a decision in that vendor's favor?
a. Bribery
b. Larceny
c. Economic extortion
d. Illegal gratuity
c
FEEDBACK: a. Incorrect. Bribery involves the offering, giving, receiving, or soliciting of anything of value to influence an official act.
b. Incorrect.
c. Correct. Economic extortion is basically the flip side of a bribery scheme.
d. Incorrect. Illegal gratuities are also similar to bribery schemes, except that there is not necessarily an intent to influence a particular business decision but rather to reward someone for making a favorable decision.
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