According to Clinard and Yeager, which of the following is an example of a type of corporate crime?

Prepare for the ACFE Certified Fraud Examiner CFE Exam. Study with multiple-choice questions, each with hints and explanations. Boost your fraud prevention skills and excel in your exam!

Foreign payoffs are indeed recognized as a type of corporate crime due to their nature and impact on international business practices. This form of corporate misconduct involves bribing foreign officials to obtain business advantages, which is often characterized by a violation of anti-bribery laws like the Foreign Corrupt Practices Act. Such actions not only undermine fair competition but also contribute to corruption in global markets, affecting economic integrity and governance in the countries involved.

Corporate crimes, including foreign payoffs, typically involve actions taken by individuals within an organization acting in their professional capacity, with the purpose of benefiting the corporation financially at the expense of ethical standards and legal compliance. This stands in contrast to other options which are primarily associated with individual criminal behavior rather than actions motivated by corporate gain or conducted within a corporate context. Additionally, the other choices illustrate forms of crime but lack the specific corporate intent and structural implications that characterize corporate crimes.

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