Question

Activity 2: THE IMPACT OF CORRUPTION AND FRAUD [35 marks]

Answer 1

Corruption and fraud are both very damaging elements to any society. These things usually start showing themselves and become problematic in the higher eschelons of society where large sums of money or other services can make people corrupted. This makes society operate on a worse level. Another thing would be fraud which is straight-out illegal and isn't something people should be doing in the first place. 

Answer 2

Corruption and fraud can have devastating effects on a person and the institution that he or she is working for. When you combine these two elements a lot of people can get hurt financially and emotionally. It’s bad enough that you falsify certain documents for a transaction but it gets worse when you abuse your power by doing cruel and unjust things. If caught, a person could be convicted and sent to jail and the institution that he worked would be shut down leaving honest employees unemployed.