A Municipality Wishes to Reconstruct Eight Kilometres of Its Roads

question 43

Multiple Choice

A municipality wishes to reconstruct eight kilometres of its roads. The four road contractors in the area secretly agree that only one contractor would bid (and would bid high) on the project, and later the successful bidder would divide up the work amongst them by subcontract, two kilometres each. This bid would constitute

• A) double ticketing.
• B) conspiracy.
• C) a restrictive trade practice.
• D) bid-rigging.
• E) collusion.

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Definitions:

Multinational Corporation

A firm that has extensive involvement in international business, owning or controlling facilities in more than one country.

Aerospace Technologies

This encompasses the development and application of technologies for the design, manufacture, operation, and maintenance of vehicles operating in the aerospace environment.

International Partners

Entities or organizations from different countries that collaborate for business, research, or development purposes.