The answer is: a. Bob has committed the tort of unfair competition.
Tort of unfair competition is given to businesses practices that are believed to be adopting wrongful method/intention in order to economically damage other businesses or consumers.
What bob did to Alice is considered a wrongful intention and can be charged with the tort of unfair competition. One challenge that Alice might face in this situation is to proof that Bob indeed hurt her business because of their past relationship.
False. Potential test questions should be a part of your study guide. It will help to have an inkling of how the test will be and the type of questions you are bound to face so that you can adequately prepare. It is very useful to review the answers with your study group, because come the test you may already know the answer to a question, and fact-checking with your peers most likely means that your answer is correct.
It would be national security
The correct answer is C) the fact that people sometimes base perceptions of quality on price (snob effect).
A well-known women's college whose tuition lagged below similar schools found recruiting difficult and enrollment falling. A substantial tuition increase was implemented, and dormitories were soon full again. This can be explained by the fact that people sometimes base perceptions of quality on price (snob effect).
In microeconomics, in the snob effect, the demand for some goods that are considered expensive are more demanded. If people that have the money to spend of something assumes that the price of the product is cheap, these people think that the product has low quality. But if the same product is expensive, they consider that the product has quality and is well worth it. That is why, in the case of the college, when the price of tuition increased, people started to trust again in the school and the dorms were full.
