(Answered) : 1. The Chapter describes bribery, nepotism, fund misappropriation, kickbacks, extortion, spoils, and conflict of interest as forms

1. The Chapter describes bribery, nepotism, fund misappropriation, kickbacks, extortion, spoils, and conflict of interest as forms of corruption.

Expert Answer

The given problem is to describe the different terms used in Corruption.

1. Bribery: is occurs when the conversation of transfer takes place in between two people or two parties which is a complete crime. It can be defined as “an offer or promise given by the giver to the taker or trustee in terms of inducements such as gifts, loans, fees or rewards.”

2. Nepotism: Nepotism occurs in between the family members and can signifies that the favoritism is

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