A finance minister in a developing country demands a heavy payment be made to him or he will stall or veto a multi-million dollar contract that is on his desk. This practice would be called:

Question

Quizplus · Accepted Answer

The distinction between bribery and extortion depends on whether the activity resulted from an offer or from a demand for payment. It is extortion if payments are extracted under duress by someone in authority from a person seeking only what he or she is lawfully entitled to.

A Finance Minister in a Developing Country Demands a Heavy