In: Economics
You are the CEO of a small company that sells transportation and logistics software. Your company has not been doing well because of competition from larger rivals. You learn of a lucrative opportunity to sell licenses of your software to the Lackria Department of Transportation, a government agency of the nation of Lackria. Closing the deal could save your company from bankruptcy. In an impulsive moment, you meet with a Lackrian government minister and offer her ownership of a luxury lakeside home in exchange for a guaranteed software contract with the Lackrian government. The minister refuses your offer and asks you to leave her office. The next day you regret your decision. Discuss any possible violations of white collar laws.
ANSWER :
White collar violation is comprehensive of cheating pay off, wage robbery, insider exchanging, misappropriation, tax evasion, wholesale fraud. fraud, and so on.
Clarification:
For the situation above, there is an violation white collar laws. The choice to offer the Lackrian Government the responsibility for luxury lakeside home in return for a product contract with the legislature is commensurate to offering a pay off, thus it is ordered as a white collar crime.
Pay-offs and offering one are considered as middle class violations according to the arrangements of the law to be non violent crimes submitted with the point of increasing a financial preferred position.
For the situation gave, the financial profit is the honor of a product contract by the Lackrian government. The law will respect the proposal of an extravagance lakeside home as a degenerate requesting in return of authentic activity.
The Modal Penal spreads attempted pay off government authorities and the discipline of endeavored pay off as like finished pay off. Such activities can't be permitted to happen in light of the fact that they empower lease looking for conduct which is probably going to prompt problematic assignment of investigation that directly affects financial development.
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