Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:
Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:
A . Embezzlement
B . Extortion
C . Fraud
D . Bribery
Answer: D
Explanation:
Procurement professionals may be faced with offers of gifts including money in return for awarding contracts to a particular bidder, or similar. This is an attempt at bribery, which is illegal in most countries, and would be a breach of the CIPS Code of Conduct if the buyer were to accept. Anti-bribery legislation in countries such as the UK and US extends across borders, and penalties for breach of this legislation can include imprisonment.
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