This refers to rules established at some level of government for the purpose of guiding business practices. Although it is commonly accepted that some guiding rules are benefitial to encourage competiton and promote the public good, it is also commonly accepted that it may increase the cost of doing business.

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner