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STatiana [176]
3 years ago
7

With respect to gift giving and gift receiving, ____ refers to money paid before an exchange.

Business
1 answer:
vlabodo [156]3 years ago
4 0

Answer:

With respect to gift giving and gift receiving, <u>a bribe</u>  refers to money paid before an exchange.

Explanation:

A gift is something given to another person to show affection. In response to giving the gift, the person doesn't have any expectations.

In the business world, a gift becomes a bribe when it is given for any political or business favours. Hence, it is unethical to share gifts for this purpose in the business.

A bribe is usually given before asking for a favour. Bribe is seen as a major cause of corruption and is illegal under the law of almost every country in the world.

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