Corruption - involves the abuse of power for personal gain, often at the expense of ethical standards, laws, or fairness. It can occur in government, business, or everyday life and takes many forms, Bribery - The act of offering, giving, receiving, or soliciting something of value (e.g., money, gifts, or favors) to influence a person’s actions, especially in positions of power., Embezzlement - The theft or misappropriation of funds placed in one’s trust, often by an employee or government official., Fraud - Deception intended to result in financial or personal gain, such as falsifying documents, lying about financial statements, or engaging in scams., Nepotism  - Favoritism granted to relatives or close friends in employment, promotions, or government positions, regardless of their qualifications., Abuse of Power - Using authority for unfair advantages (e.g., police officers demanding money to ignore a crime)., Money Laundering - The process of concealing the origins of illegally obtained money, typically by passing it through a complex sequence of banking transfers or commercial transactions to make it appear legitimate., Extortion - Gaining economic benefits through coercion and blackmail., Electoral fraud - Manipulating or distorting the electoral process to achieve favorable results., Tax evasion - Illegally avoiding paying taxes, harming public finances., Business collusion - Secret agreements between competing companies to fix prices or divide the market.,

KEY WORDS LESSON 9B

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