Question

You are the CEO of a small company that sells transportation and logistics software. Your company has not been doing well because of competition from larger rivals. You learn of a lucrative opportunity to sell licenses of your software to the Lackria Department of Transportation, a government agency of the nation of Lackria. Closing the deal could save your company from bankruptcy. In an impulsive moment, you meet with a Lackrian government minister and offer her ownership of a luxury lakeside home in exchange for a guaranteed software contract with the Lackrian government. The minister refuses your offer and asks you to leave her office. The next day you regret your decision. Discuss any possible violations of white collar laws.

Answer 1

I believe this is a white-collar crime of bribery.

Step-by-step explanation:

You, as the CEO of this small company, are trying to save your company from bankruptcy. Since you are scared and stressed and looking for any option to help you, you try bribing the Lackrian government minister with a luxury house by a lake if they decide to sign a contract with your company. This is a corporate crime, also known as white-collar crime as bribery is not allowed in the corporate world. The minister just asked you to leave, but they could have sued you for bribery, and you could have received a fine, imprisonment, or other forms of punishment (on top of your company bankrupting).