When Greenlawn Inc

question 40

Multiple Choice

When Greenlawn Inc.finds itself losing contracts because Instillite Inc.charges less money,Greenlawn responds by lowering its bids.According to Adam Smith,this reaction demonstrates _____.

• A)the invisible hand of competition
• B)collision
• C)the right to private property
• D)social responsibility

---

Definitions:

Tipper

An individual who provides privileged, non-public information to another person, typically about securities trading.

Tippee

A person who receives inside information.

Material Fact

A fact that, if known, would influence a person's decision-making related to a contract, transaction, or legal case.

Insider Trading

The unlawful act of conducting trades on the stock market for personal gain by exploiting privileged, non-public information.