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If All the Other Businesses in a Foreign Country Are

question 14

Essay

If all the other businesses in a foreign country are providing a "grease payment" for border patrol. Is it all right and ethical to do that? State and defend your point.


Definitions:

Expenses

Costs incurred in the operation of a business to earn revenue, including operating and non-operating expenses.

Revenues

Income that a business receives from its normal business activities, usually from the sale of goods and services to customers.

Asset Account

An account that represents a resource owned or controlled by a company that is expected to provide future economic benefits.

Consumed

Used up or exhausted, particularly in reference to resources or goods.

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