Explain the following terms smuggling ,hordering, black marketing
Answers
Answer:
Smuggling:- Smuggling is the illegal transportation of objects, substances, information or people, such as out of a house or buildings, into a prison, or across an international border, in violation of applicable laws or other regulations. There are various motivations to smuggle.
Hordering:- Hoarding is the persistent difficulty discarding or parting with possessions, regardless of their actual value. The behavior usually has deleterious effects—emotional, physical, social, financial, and even legal—for a hoarder and family members.
Black marketing:- Black marketing is the illegal trade of goods and services with the intention to evade the lawful requirements of such trade. Two such common tactics used are to increase the price beyond the controlled price or lower the price below the normal to evade taxation issues
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o Smuggling:
Smuggling is the illegal transportation of objects, substances, information or people, such as out of a house or buildings.
o Hordering:a large board in a public place, used to display advertisements.
oHordering:
a large board in a public place, used to display advertisements.
oBlack marketing:
A black market, underground economy or shadow economy, is a clandestine market or series of transactions that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules.