Practice - Wrong Practices in Contracting
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Practice Questions
Test your understanding with targeted questions
What is bid shopping?
💡 Hint: Think about pricing after winning a bid.
Define bid fixing.
💡 Hint: What happens when companies agree on prices?
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is bid shopping?
💡 Hint: Think about price adjustments after securing a contract.
True or False: Cartels enhance competition.
💡 Hint: Focus on the role of collusion in business practices.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Consider a scenario in which a contractor engages in bid shopping. What steps could the original bidder take to safeguard against this malpractice?
💡 Hint: Focus on preventative measures in contract writing.
Imagine a city suffers from cartel activity in municipal contracting. Discuss strategies that could be deployed to eliminate these practices.
💡 Hint: Consider the role of governance in market regulation.
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