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26 November, 06:31

The finance minister of a developing country demands a heavy payment for the approval of a multimillion dollar contract with a foreign company. This demand for the lump sum payment is called

A) Subornation.

B) Extortion.

C) Larceny.

D) Malfeasance.

E) Lubrication.

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Answers (1)
  1. 26 November, 08:33
    0
    The correct answer is B. Extortion.

    Explanation:

    Extortion is a crime that involves forcing a person, through the use of violence or intimidation, to perform or omit a legal act or legal business for profit and with the intention of producing a property or property damage of the taxpayer.
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Home » Business » The finance minister of a developing country demands a heavy payment for the approval of a multimillion dollar contract with a foreign company. This demand for the lump sum payment is called A) Subornation. B) Extortion. C) Larceny. D) Malfeasance.
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