Extortion Refers to the Threat to Expose Something About Another

question 67

True/False

Extortion refers to the threat to expose something about another person unless that other person gives money or property.

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Definitions:

Paid

The act of transferring money or compensation for services rendered or goods received.

Trade Discount

A reduction from the list price granted by a seller to a buyer in the commercial marketplace, often based on volume or trade status.

Net Price

The price of a good or service after deductions such as discounts, rebates, and allowances have been taken into account.

List Price

The manufacturer's suggested retail price (MSRP) or the price at which a product is intended to be sold before any discounts or promotions.