Legal Aspects of Business: Bribery and Corporate Liability

Legal Aspects of
Business

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
Whether the hospitality provided by G Ltd for guests at the Cheltenham Festival event might
make it criminally liable for bribery...........................................................................................3
Whether G Ltd’s plans to expand its corporate entertainment program may give rise to
allegations of bribery...................................................................................................................4
What steps G Ltd should consider taking as an organisation to avoid any possible future
allegations of bribery...................................................................................................................4
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
The bribery is an act or the practice of giving, offering or taking the bribe. It can be said
that it is an offer for something in value or desirable in exchange of getting something in return.
In UK, there is a specific law which deals with the offence of bribery which is The Bribery Act,
2010, which deals with the criminal offence of bribery (Kaul, 2019). Earlier, before the
enactment of this law, the offence of bribery was dealt under Prevention of corruption Act, 1906
and Public Bodies Corrupt practices Act 1889. This report will cover the aspects of bribery in
relation to corporation.
TASK 1
Case scenario
G Ltd was established in 12018 in London which deals in Medical products and services
relating to health sector. Initially company also deals in production of Personal Protective
Equipment (PPE). The organisation organises corporate entertainment for promoting its products
and services . For example, it organised a Cheltenham Festival in 2020, a horse racing event for
which it hired a private box hospitality suit with four course meal to meet and greet its UK
customers. The main aim of the event was to promote networking, public relations and interest in
G Ltd goods and services. The company plans to organisation such events in future so that it can
avoid losing the business from its competitors. The Board of Directors learned recently that one
competitor is being investigated for the offence of bribery due to this event.
Whether the hospitality provided by G Ltd for guests at the Cheltenham Festival event might
make it criminally liable for bribery
In order to make G Ltd liable for the crime of bribery, section 8 of the Bribery Act 2010
provides the offence of bribery by the corporation. Section 8 states that a corporation may be
held liable for the general offence of bribery if it is proved that there was mental element
attributed in the mind of corporate body.
Bribery is defined under section 1 of the Act where it provides that a person can be found
guilty of this offence when it intends to induce any person for performing any improper relevant
activity or function or rewards any person for improper performance (Wilson, 2019). The
another case can be when any person gives or promised to give financial advantage or other