Grease Payments

question 13

Multiple Choice

Grease payments:

• A)are not the same as facilitating payments or speed money.
• B)are facilitating payments made to expedite routine government action.
• C)are payments to gain exclusive preferential treatments.
• D)can be used to secure contracts that would otherwise not be secured.

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Definitions:

Costs

Expenses incurred in the production of goods or in the provision of services, including labor, materials, and overheads.

Benefits

The advantages or positive outcomes gained from actions or decisions, often considered in economic, social, or health contexts.

Incentive

A reward or benefit that motivates or encourages a specific action or behavior.

Tradable Pollution Permits

A market-based approach to controlling pollution by allocating permits that allow the holder to emit a certain amount of pollution, which can be traded among companies.