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Define and discuss the differences between corruption, bribe

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Define and discuss the differences between corruption, bribes, questionable payments, and gift-giving. What advice do you offer to an executive when confronted with a bribe proposal?

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The solution defines and discusses the differences between corruption, bribes, questionable payments, and gift-giving.

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Corruption refers to the power holders' availability and willingness to accept rewards for certain official behaviors that otherwise would not occur.

Bribe refers to the material and non-material rewards that will be accompanying certain action by official representative of particular institution/organization.

Questionable payments refers to rewards that would be construed as ...

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