What is the term for any reward given for referrals or favors in a professional context?

• A. Kickback
• B. Commission
• C. Referral Fee
• D. Gratuity

Answer: (A)

The term "Kickback" refers specifically to a reward or compensation that is illicitly given in return for a referral or favor within a professional setting. This arrangement typically involves one party providing a payment to another party as an inducement for favorable treatment or for steering business in a certain direction. Kickbacks are often considered unethical and are illegal in many contexts, especially in government contracting or situations where public trust is essential.

In contrast, the other terms have distinct meanings. A commission generally refers to a percentage of sales that is paid to a salesperson or intermediary as a reward for their services in facilitating a transaction. A referral fee is a legitimate payment given to someone for referring a client or customer, but it is typically lawful and transparent. Gratuity is a broader term that generally denotes a voluntary payment, often a tip, given for services rendered, rather than for referrals or business favors. Thus, "Kickback" is the most accurate term for the context described in the question.