Why does Staples participate in Anti-Money Laundering Compliance?

Locating the key to answer for the moment is easy. clickanswer.us provides accurate question and answer services. we provide a concise answer key that is complete with the discussion. We provide a range of answer keys that span from junior high, elementary and upper level schools. subjects we provide such as mathematics, physics, biology as well as economics, history, and more. below are the questions and answers that have been summarized from numerous sources available online.

READ MORE :  Samuel Johnson's dictionary is best described as the first


Why does Staples participate in Anti-Money Laundering Compliance?

To improve business performanceTo prevent illegal activity and terrorismTo prevent fraud


The main reason why Staples participates in Anti-Money Laundering Compliance is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are moved from one place to another, usually to finance other illegal activities.

READ MORE :  At a certain temperature the rate of this reaction is first order in SO₃ with a rate constant of 0.208 s⁻¹:

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the Anti-Money Laundering Compliance so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

Read more about money laundering here:

Use the answer key above as a reference for studying at home or at school. thank you for visiting I hope it proves useful for all of us.

Leave a Comment