The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:
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A. B. C. D.B
The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is known as "corruption".
Corruption involves the abuse of power by a person in a position of authority or trust, which results in personal gain or advantage at the expense of others. This can take many forms, including bribery, extortion, embezzlement, and abuse of discretion.
Bribery involves the giving or receiving of something of value in exchange for some type of favorable treatment or influence. This could be in the form of money, gifts, or other benefits. It is a common form of corruption in business and government, and it undermines the integrity of decision-making processes.
Conflict of interest occurs when a person has competing interests or loyalties, such that their ability to make impartial decisions is compromised. This can arise when a person has a personal or financial interest that could influence their decisions or actions in their official capacity.
Overbilling is a form of fraud in which a vendor or service provider bills for more than the actual goods or services provided. This can be done intentionally or accidentally, but in either case, it results in a financial loss for the party paying the bill.
In summary, while conflict of interest, bribery, and overbilling are all forms of unethical behavior, the act of unlawfully using one's station or character to procure personal gain is known as "corruption".