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bribery

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › bribery

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • November 27, 2017 at 11:06 am #418393
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Which of the following statements in relation to the offence of bribery is correct?
    A Bribery is a tort
    B Bribery can only be committed in the UK
    C It is an offence for a corporation to fail to prevent bribery

    1. The answer is C
    2. Could you explain how this is an offence? If the organisation has put adequate procedure to prevent bribery, it is still liable?

    November 28, 2017 at 1:17 am #418498
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    A company is legally obliged to institute systems to protect their employees from the temptation of giving or receiving bribes

    If an employee is found to have committed a relevant act, the employer is potentially liable for failure to institute those safeguards

    Bribery is certainly not a tort! It’s a crime

    And the Bribery Act applies to all English corporate entities and their officers and employees

    OK?

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  • The topic ‘bribery’ is closed to new replies.

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