For IndividualsFor Educators
ExpertMinds LogoExpertMinds
ExpertMinds

Ace your certifications with Practice Exams and AI assistance.

  • Browse Exams
  • For Educators
  • Blog
  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Support
  • AWS SAA Exam Prep
  • PMI PMP Exam Prep
  • CPA Exam Prep
  • GCP PCA Exam Prep

© 2026 TinyHive Labs. Company number 16262776.

    PracticeACCAACCA LW — Corporate and Business Law Practice Exam 4Question 44
    Easy1 markMultiple Choice
    Corporate and Business LawSection ASyllabus HCorporate Crime

    ACCA · Question 44 · Corporate and Business Law

    Under Section 7 of the Bribery Act 2010, a commercial organization commits an offence if a person associated with it bribes another person to obtain business. What is the only statutory defence available to the organization?

    Answer options:

    A.

    That the board of directors did not know about the bribe.

    B.

    That the bribe was customary in the country where it was paid.

    C.

    That it had 'adequate procedures' in place designed to prevent bribery.

    D.

    That the bribe was less than £500.

    How to approach this question

    Identify the specific defence to the corporate offence of failing to prevent bribery.

    Full Answer

    C.That it had 'adequate procedures' in place designed to prevent bribery.✓ Correct
    Section 7 of the Bribery Act 2010 creates a strict liability corporate offence of 'failure to prevent bribery'. The only defence available to the commercial organization is to prove that it had 'adequate procedures' in place designed to prevent persons associated with it from undertaking such conduct.

    Common mistakes

    Assuming that ignorance of the bribe protects the company.
    Question 43All questionsQuestion 45

    Practice the full ACCA LW — Corporate and Business Law Practice Exam 4

    60 questions · hints · full answers · grading

    Sign up freeTake the exam

    More questions from this exam

    Q01AgriGrow Ltd, a large-scale agricultural technology firm, is pursuing a complex breach of contrac...MediumQ02In the context of judicial precedent, the Court of Appeal (Civil Division) is generally bound by ...MediumQ03Under the Human Rights Act 1998, what action must a UK court take if it finds that a piece of pri...MediumQ04QuantumLeap Tech, a startup, displays a highly specialized server rack on its website with a pric...MediumQ05A cross-border logistics company, TransGlobal Freight, urgently asks an independent consultant to...Hard
    View all 60 questions →