Brian Devised a Scheme and Instructed His Partner to Submit

question 9

Multiple Choice

Brian devised a scheme and instructed his partner to submit sham price quotations from dormant companies for a bulletproof-vest contract.The sham price quotations were submitted with intentionally increased prices so that one company, a Kuwaiti general trading firm, would win the contract at a lower price.The owner of the Kuwaiti general trading firm then authorized Brian to negotiate and receive all funds related to the contract.This is an example of:

• A)bid rigging.
• B)bait-and-switch.
• C)predatory pricing.
• D)referral scheme.
• E)pyramid selling.

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Definitions:

Pilots

Trained individuals who operate the flight controls of an aircraft.

Illegal Immigrants

People who enter or reside in a country without the necessary legal permissions or who overstayed their visas.

Economic Strategies

Plans or policies implemented by governments or businesses to influence and guide the economy towards desired goals such as growth, stability, or equity.