For ________ pricing to be effective, there must be sufficient customers willing to buy the product at the high initial price, they should interpret that high price as signifying high quality, and that high price should not attract competition.
a. bribery
b. extortion
c. illegal gratuity
d. skimming
Answer: d. skimming
Business
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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A private university provides scholarships to students who are immigrants from certain countries. If Sam, a local resident, alters his documents to make it look like he belongs to one of these countries, what form of fraud has he committed?
A) defalcation B) false entry C) false token D) bribery
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a. True b. False
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