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Hunter-Best
20 days ago
10

Cheryl Peterson, a U.S.-based business executive, paid the equivalent of $20 to an official of the country of Murundi to expedit

e the overnight delivery of critical documents. When questioned, Cheryl Peterson claimed this was a way to facilitate the performance of an obligation that was already agreed upon. The $20 is an example of_____________.
Business
1 answer:
Katen [3.5K]20 days ago
5 0

Response:

The answer is option "E": a grease payment.

Clarification:

Grease payments refer to types of bribes paid to lower-level officials to accelerate a business decision, delivery, or similar transaction, often involving a small amount of cash given to the representative in order to secure their assistance, typically when the act of offering this money is legally unnecessary.

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1 month ago
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Response:

The explanation given for this question is thorough. Thank you!

Clarification:

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