In one of the case studies in the textbook, the General Services Administration (GSA), the federal government's bookkeeping agency, purchased more than $200 million worth of defective and useless furniture from a New Jersey furniture manufacturer. After reviewing the books of the furniture manufacturer, it was clear that the company was paying off GSA inspectors. What happened to the furniture manufacturing company?
A) It was charged with making false certifications and fined $2 million.
B) It lost its contract with the GSA and went bankrupt.
C) It was bought by another company.
D) All of the above

Question

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The furniture manufacturing company lost its contract with the GSA and went bankrupt.

In One of the Case Studies in the Textbook, the General