Kickbacks are when inside information is given to one bidder so they can have a leg up on the bidding process.

Name: Kickbacks are when inside information is given to one bidder so they can have a leg up on the bidding process.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Kickbacks refer to the practice of returning a portion of the money received in a business transaction as a reward for making the transaction happen, often as a corrupt or illegal practice, not to the act of providing inside information.

Kickbacks Are When Inside Information Is Given to One Bidder