Final answer:
The penalty for bribery often includes fines and imprisonment, and can be mitigated by implementing strong corporate compliance programs or cooperation with authorities. Wagering penalties vary but can include fines or imprisonment in jurisdictions where it is illegal, while in legal areas strict regulatory adherence is necessary to avoid heavy fines or license issues.
Step-by-step explanation:
The penalty for bribery is typically severe, including fines, imprisonment, or both, depending on the jurisdiction and the severity of the offense. Perpetrators could face both civil and criminal consequences, and in some cases, businesses may also suffer from damaged reputations and loss of business opportunities. Remedies to address bribery can involve implementing and enforcing robust compliance programs within organizations, and on a legal scale, cooperation with authorities may sometimes result in reduced penalties.
When it comes to wagering, the legality and penalties vary greatly from one jurisdiction to another. In places where it is illegal, penalties may include fines, and in more serious cases, jail time. However, in jurisdictions where it is legal, there are often strict regulations in place to govern these activities, and failing to adhere to these regulations can lead to significant penalties like license revocation or hefty fines.