The finance minister of a developing country demands a heavy payment for approval of a multi-million dollar contract with a foreign company. This practice would be called _____.
A) extortion
B) subornation
C) lubrication
D) larceny
E) malfeasance

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.

The Finance Minister of a Developing Country Demands a Heavy