1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dovator [93]
3 years ago
11

The finance minister of a developing country demands a heavy payment for the approval of a multi-million dollar contract with a

foreign company. this demand for the lump sum payment is called _____.
Business
1 answer:
OverLord2011 [107]3 years ago
6 0

Answer:

Extortion

Explanation:

Extortion is the act of threatening or forcing another party to give you something, most of the time money.

In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.

The threat the minister is using against the company is to not approve Thier contract.

You might be interested in
The purpose of cost accounting is to Group of answer choices a. provide management with cost information. b. keep costs for serv
Anuta_ua [19.1K]

Answer:

A) Provide management with cost information.

Explanation:

Cost accounting is a part of accounting that deals mainly with cost. Cost accounting is that part of management accounting which establishes budgets and standard costs and actual costs of operations, processes, departments or products and the analysis of variance, profitability or social use of funds. Cost accounting provides information on cost to the management for proper decision making. Decision making is concerned with making choices among alternatives. All alternatives have their cost implications. Cost accounting analyses these alternatives and suggest to the management which alternative will be more cost effective cor it compares the cost and benefit which alternative will be more profitable.

4 0
4 years ago
Free-Flo Pipes & Plumbing Corporation is a private employer involved in an employment discrimination suit under the Civil Ri
Natasha_Volkova [10]

Answer:

acted with malice or reckless indifference.

Explanation:

Employment discrimination.is one that is as a result of am employer's race, gender, religion, national origin, disability, age, sex, orientation, and gender by an employer.

Under the Civil rights act of 1964 Free-Flo Pipes & Plumbing Corporation will be liable if they acted with malice or reckless indifference.

All employees must be able to express themselves and work freely without being targeted in a wrong way by employers.

3 0
3 years ago
For example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no l
Inga [223]

Answer:

nominal, real, & the classical dichotomy

Explanation:

A nominal variable is a value whose values are non-numeric for example gender. It is calculated based on the current – year prices.

In other words, nominal value is calculated in monetary terms, whereas real value is measured on the basis of goods or services

A real variable is a variable whose values are numeric. It is measured based on the currency of the base year.

The distinction between real variables and nominal variables is known as <u>nominal, real, & the classical dichotomy</u>.

The Classical Dichotomy is based on the assumption that states that in the long run, the nominal economy and the real economy are completely separated from each other. In the long run, nominal prices have no impacts on real variables.

7 0
3 years ago
How do you pay taxes and is it hard ( just curious)
Oksana_A [137]
You hire someone to do it for you. It makes it super easy.
3 0
3 years ago
McCarthy Industries has two sales territories-East and West. Financial information for the two territories is presented below: E
kirill [66]

Answer:

Decrease in income by $227,000

Explanation:

The computation of the amount of the change in the income in the case when the east territory is eliminated is shown below;

= -Sales + Direct cost + fixed cost - salary per year

= -$980,000 + $343,000 + ($450,000 - $40,000)

= -$980,000 + $343,000 + $410,000

= -$227,000

Hence, the amount of the change in the income in the case when the east territory is eliminated is -$227,000

Decrease in income by $227,000

3 0
3 years ago
Other questions:
  • QUESTIONS
    15·1 answer
  • On September 11, 2016, Home Store sells a mower for $450 with a one-year warranty that covers parts. Warranty expense is estimat
    9·1 answer
  • When Chen decided that it was time for him to buy a new dishwasher, his primary concern was that the machine should fit into the
    5·1 answer
  • Tuff-Steele Constructions, Inc. has not been adhering to appropriate worker safety rules. As a result, there have been an increa
    15·1 answer
  • An investor purchases $100 par convertible preferred stock at $80 per share. The preferred stock is convertible into common at $
    11·1 answer
  • Additional inventory kept over and above the average amount required to meet demand is called ____ inventory.
    13·1 answer
  • 1 point
    11·1 answer
  • In each of the following independent cases, indicate the amount (1) deductible for AGI, (2) deductible from AGI, and (3) deducti
    10·1 answer
  • One of the benefits to lenders from the secondary mortgage markets is that they tend to raise the interest rate charged to borro
    6·1 answer
  • In preparing the cash flows from investing activities section of the statement of cash flows, which type of account is analyzed
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!