Unit 2:Ill-Gotten Gains Never Prosper. Sequence1: Listen and Consider.

Rubric:Vocabulary Explorer.

Task01:Match the words in column A with their definitions in column B.

Words Definitions
a.The practice among those with power or influence of favouring relatives or friends,
1.Bribery
especially by giving them jobs.
b.The employment of children in an industry or business, especially when illegal or
2.Child labour
considered exploitative.
3.Money laundering c.Move (goods) illegally into or out of a country.

4.Smuggling d.The giving or offering of a bribe.

5.Counterfeiting e.the crime of deliberately not paying all the taxes that you should pay.

6. Tax Evasion f.The act of concealing or disguising the origin of illegally obtained money
g.the crime of making an exact copy of something in order to trick people into
7. Nepotism thinking that it is the real thing.

Words
Definitions

Task 02:Fill in the gaps in the following paragraphs with words in the box preceding each one.

dishonest – gains – reduce – illegal

A. Tax evasion is the……………….……… evasion of taxes by individuals, corporations and trusts. Tax evasion often
entails taxpayers deliberately misrepresenting the true state of their affairs to the tax authorities to………………….
their tax liability and includes ………………. tax reporting, such as declaring less income, profits or
………………… than the amounts actually earned, or overstating deductions.

source – legitimate –transfers – money laundering

B. …………………… is the legitimization (washing) of illegally obtained money to hide its true nature
or ………………………(typically the drug trade or terrorist activities). Money laundering is effected by passing it
surreptitiously through …………………… business channels by meansof bank deposits,
investments, or …………………… from one place (or person) to another.

bribery –money – legal –official

C. Bribery is the act of giving ………………… goods or other forms of recompense to a recipient in exchange for an
alteration of their behavior (to the benefit/interest of the giver) that the recipient would otherwise not alter.
……………… is defined by Black's Law Dictionary as the offering, giving, receiving, or soliciting of any item of
value to influence the actions of an ………………… or other person in charge of a public or ……………… duty.

socially – child labour – employment –harmful

D. Child labour refers to the ………………… of children in any work that deprives them of their childhood, interferes
with their ability to attend regular school, and that is mentally, physically, ………………… or morally dangerous
and ………………… This practice is considered exploitative by many international organizations. Legislations
across the world prohibit ……………………