ABC Corporation is an American company that wishes to do business with Rimonter,a corporation located in Asia.Rimonter has the standard practice of requiring an undocumented payment of $50,000 to a charitable organization headed by Rimonter's CEO.This payment is required in exchange for securing a manufacturing contract with Rimonter Corporation.In response to Rimonter's demand,ABC Corporation should _________.

Question

ABC Corporation is an American company that wishes to do business with Rimonter,a corporation located in Asia.Rimonter has the standard practice of requiring an undocumented payment of $50,000 to a charitable organization headed by Rimonter's CEO.This payment is required in exchange for securing a manufacturing contract with Rimonter Corporation.In response to Rimonter's demand,ABC Corporation should  _________.

Quizplus · Accepted Answer

ABC Corporation should refuse to pay the $50,000 to the charitable organization as it is an undocumented payment and can be seen as bribery, which is unethical and illegal. Instead of compromising their integrity, ABC Corporation should look for a different business partner that does not engage in such practices. Paying the money or offering a lower amount can be seen as participating in corrupt practices and can harm the reputation of ABC Corporation.

ABC Corporation Is an American Company That Wishes to Do