your company is moving toward final agreement on a contract in pakista to sell farm equipment. As the contract is prepared official ask that a large amount of money to be included to enable the government to update the agriculture research. The extra amount of money is to be in cash to the three officials you have worked with. Shluld you pay?
Is illegal or legal? How should you act in this situation? ​

Respuesta :

Answer: No. I won't pay.

Explanation:

From the question, we are informed that toward the final agreement on a contract to sell farm equipment, as the contract is prepared official ask that a large amount of money to be included to enable the government to update the agriculture research and that the extra amount of money is to be in cash to the three officials you have worked with.

Based on the above scenario, I won't pay. From the analysis in the question, the three officials want to engage in fraud. The contract is towards its closing stage and any large amount of fund should not be regarded at that stage.

Another reason it looks sceptical is the fact that the officials want the money to be in cash. Giving them in cash can be termed bribery and this is punishable under law as it's illegal. The law may eventually catch up with my company and I'll have to go to jail if this is done.

In this situation, what I'll do is that I'll tell them I can't pay any amount to them in cash and if there's even any reason for any payment at that final stage, I need to speak to the appropriate authorities and not the three officials as they lack ethics.

I will not pay such money because the money is termed either as fraud or bribe and it is illegal in the transaction.

Basically, a contract is binded and enforced by payment of compensation to the seller in return for a goods or services.

When a fraud or bribe is involved in a transaction, either of the party have the right to void the contract.

In conclusion, I will not pay such money because the money is termed either as fraud or bribe and it is illegal in the transaction.

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