Answer:
- Corruption is not only about bribes
- Power of the people
- Cut the red tape
- It’s not 1999
Explanation:
1. Corruption is not only about bribes: People especially the poor get hurt when resources are wasted. That’s why it is so important to understand the different kinds of corruption to develop smart responses.
2. Power of the people: Create pathways that give citizens relevant tools to engage and participate in their governments – identify priorities, problems and find solutions.
3. Cut the red tape: Bring together formal and informal processes (this means working with the government as well as non-governmental groups) to change behavior and monitor progress.
4. It’s not 1999: Use the power of technology to build dynamic and continuous exchanges between key stakeholders: government, citizens, business, civil society groups, media, academia etc.
Answer:
False
Explanation:
The contact of any multi million dollar between twp parties is a condition precedent. Contract are governed by certain rules and regulation and by the mutual understanding and acceptance of rules. They agree upon the conditions and the consequences while making the contract. The penalty or damages are also agreed upon due to breech or delay in the proposed assignment. Thus it depends upon the contract agreement and parties to fix a penalty price for late delivery or breached and is not fixed to $300 per day. It damages value depends upon the total contract value.
Hence the answer is FALSE.