Fred Weaver is the contracts manager for a city government. In order for anyone to do business with the municipality, he or she must pay Fred 10 percent of the total amount of the contract. This type of corruption is known as:
A) Bribery
B) Economic extortion
C) A conflict of interest
D) Bid-rigging

Question

Quizplus · Accepted Answer

This type of corruption is known as economic extortion, where the corrupt official demands payment in order for the person or company to do business with the government entity. Bribery involves offering something of value to the official in exchange for preferential treatment, while bid-rigging involves colluding with other bidders to ensure a specific company wins a contract. A conflict of interest refers to a situation where an official has conflicting personal or financial interests that may influence their decision-making.

Fred Weaver Is the Contracts Manager for a City Government