What Is the Term Applied to the Technique of Legitimizing

question 1

Multiple Choice

What is the term applied to the technique of legitimizing illegally earned revenue?

• A) corruption
• B) loan sharking
• C) money laundering
• D) papering

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Definitions:

Promise to Build a House

An agreement, typically formal and legally binding, where one party commits to constructing a residential dwelling for another.

Constructive Condition

An implied condition in contracts that must be met for the parties' performance obligations to arise, even if not explicitly stated.

Implied-In-Law Condition

A condition in a contract created by the court to ensure fairness, which is not explicitly stated in the contract itself.

Strict Performance

The legal requirement that contractual obligations must be fulfilled exactly as agreed, with no deviations or errors.