What is defined as 'dishonest or fraudulent conduct by those in power, typically involving bribery'?

Understand the Problem

The question is asking for the definition of a term that describes dishonest conduct by individuals in positions of power, particularly in relation to bribery. The options provided include terms like corruption, fraud, deception, and financial crime, which need to be evaluated.

More Information

Corruption often entails the misuse of power to achieve personal gain, frequently through illicit means like bribery.

Tips

It's important not to confuse corruption with general financial crime or fraud, as it specifically involves abuse of power.

Sources

• Corruption | International Republican Institute - IRI - iri.org
• Corruption: Its Meaning, Type, and Real-World Example - Investopedia - investopedia.com
• What is corruption? - Transparency.org - transparency.org