A Situation Where Businesses Are Able to Illegally Alter Relevant

question 30

Multiple Choice

A situation where businesses are able to illegally alter relevant private and/or public decision making by way of bribes, kickbacks, blackmail, extortion, and related activities is known as _____.

• A) corruption
• B) an ethical violation
• C) dishonesty
• D) treachery
• E) deceitfulness

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Definitions:

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.

Capital in Excess

Funds received by a company over and above the par value of its stock, also known as additional paid-in capital.

Retained Earnings

Profits that a company has kept or retained rather than paid out as dividends to shareholders, often reinvested in the business.

Market Price

The contemporary price for purchasing or selling an asset or service.