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sergeinik [125]
3 years ago
5

John Smith, a U.S. based businessman paid the equivalent of $20 to an official of the country of Murundi to expedite the overnig

ht delivery of critical documents. When questioned, John Smith claimed this was not a bribe. The $20 is an example of
Business
1 answer:
AleksandrR [38]3 years ago
3 0

Answer:

Grease payment

Explanation:

A grease payment is a payment made to a government official with the goal of expediting a transaction, process or request. It can be obtained through extortion from the government official, by voluntary contribution from the non-goverment official, or by mutual agreement, either explicit, or implicit.

In practice, it is essentially the same as a bribe, and the term could be considered a colloquial euphemism.

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Multiplying the dependent variable by 100 and the explanatory variable by 100,000 leaves the a) OLS estimate of the slope the sa
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Which economic term is considered a resource?
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A-land

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4 years ago
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3 years ago
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The following details are provided by a manufacturing company: Product line Investment $1,100,000 Useful life 12 years Estimated
tangare [24]

Answer:

2.82 years

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In the first two years of the investment, $790,000($400,000+$390,000) would have been recouped out of the initial investment of $1,100,000.

The amount that is expected to be recovered in  year 3  is $310,000 ($1,100,000-$790,000), based on that , we can compute our payback period thus:

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3 years ago
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