Certified Fraud Examiner Practice

Question: 1 / 400

In which scenario might extortion take place?

During a negotiation for a business deal

When an individual pressures someone for money

Extortion is defined as the act of obtaining something, particularly money, through coercion or threats. In the scenario where an individual pressures someone for money, this aligns perfectly with the definition of extortion because it typically involves leveraging fear or force to compel the other party to comply with demands. This type of scenario exemplifies the critical elements of extortion, as it involves an aggressor exerting influence over a victim to gain financial benefit.

The other scenarios might involve various types of negotiation, workplace interactions, or professional assessments, but they do not inherently incorporate the coercive element fundamental to extortion. For instance, negotiations in business deals can be tough, but they generally occur within a framework of mutual agreement rather than through coercion. Similarly, interactions among colleagues or during audits typically rely on cooperation and professional standards rather than threats. Thus, the scenario involving pressure for money distinctly represents the coercive nature of extortion.

Get further explanation with Examzify DeepDiveBeta

In an office setting among colleagues

When performing an audit on a company

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy