Asked by
Anna Joy Hernandez
on Nov 29, 2024Verified
Carla offered $150,000 to the vice president of operations of AltoChem Co. to induce her to divulge a secret process. In some states Carla would be guilty of commercial bribery.
Commercial Bribery
The act of offering, giving, receiving, or soliciting something of value to influence the actions of a businessperson or employee without the knowledge or consent of the employer.
Vice President
An executive or officer ranking below a president or CEO, often responsible for a specific department or area within an organization.
- Grasp the significance of statutory and regulatory crimes in business practices.
Verified Answer
SA
Learning Objectives
- Grasp the significance of statutory and regulatory crimes in business practices.