A supplier paying a bribe to an officer of a company that purchases its products to help "facilitate" the purchase of said products is an example of _____ corruption.

Question

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Private corruption refers to the corruption that occurs within the private sector, such as between a supplier and a company that purchases its products. In this scenario, the bribe is being paid to a private company officer, rather than a public official, making it an example of private corruption rather than public corruption (A). Open (C) and closed (D) corruption are not commonly used terms to describe types of corruption. External corruption (E) typically refers to corruption that occurs between different countries or organizations, and is not specific to the private sector.

A Supplier Paying a Bribe to an Officer of a Company