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Cast Away Electronics paid a sum of $25,000 to an official of a foreign government to ensure that the company obtained exclusive preferential treatment for the plant it is building. The $25,000 can be classified as:____________

Sagot :

The payment by Cast Away Electronics to an official of a foreign government can be classified as a bribe.

Why is it a bribe?

A bribe is a payment made by an entity to another entity in order to gain an unfair advantage or favor.

Cast Away Electronics wanted to gain an unfair advantage in the treatment of a plant and so paid a government official. This is therefore a bribe.

In conclusion, this is a bribe.

Find out more on bribes at https://brainly.com/question/1278493.

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