When a supplier makes a payment as a kickback for awarding a contract, what is such an act called? A. Down payment B. Hire purchase C. Instalments D. Facilitation payments
Question
When a supplier makes a payment as a kickback for awarding a contract, what is such an act called? A. Down payment B. Hire purchase C. Instalments D. Facilitation payments
Solution
The act of a supplier making a payment as a kickback for awarding a contract is called D. Facilitation payments. This is considered a form of bribery and is illegal in many jurisdictions.
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