Brian devised a scheme.He instructed a co-conspirator 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:

Question

Quizplus · Accepted Answer

This scenario is an example of bid rigging, where the outcome of a bidding process is manipulated to ensure a particular bidder wins, often through collusion or submission of fake bids.

Brian Devised a Scheme