Referral Fee and Bribery Act 2010 Quiz
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Questions and Answers

What is the term for making consideration to another person in return for the referral of professional instructions?

  • Referral fee (correct)
  • Professional commission
  • Client gratuity
  • Consultation payment
  • Why is there an absolute prohibition on the payment or receipt of referral fees?

  • To facilitate ethical business practices
  • To ensure independence and avoid compromise (correct)
  • To boost financial incentives for referrals
  • To encourage transparency and accountability
  • What criminal offense might a referral fee constitute under the Bribery Act 2010?

  • Bribery (correct)
  • Money laundering
  • Fraud
  • Embezzlement
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