ACCA · Question 25 · Corporate fraudulent and criminal behaviour
Section A
Under Section 7 of the Bribery Act 2010, a commercial organization commits an offense if a person associated with it bribes another person intending to obtain or retain business for the organization. What is the only statutory defense available to the commercial organization against this specific strict liability offense?
Answer options:
That the senior management had no knowledge of the bribe.
That the bribe was paid in a country where such payments are customary.
That the organization had adequate procedures in place designed to prevent associated persons from undertaking such conduct.
That the person who paid the bribe was an independent contractor, not an employee.
60 questions · hints · full answers · grading
Expert