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While no consumer is likely to go to the Moseleys' store expecting to find Victoria's Secret's famed Miracle Bra, consumers who hear the name `Victor's Little Secret' are likely automatically to think of the more famous store and link it to the Moseleys' adult-toy, gag gift, and lingerie shop. This, then, is a classic instance of dilution by tarnishing (associating the Victoria's Secret name with sex toys and lewd coffee mugs) and by blurring (linking the chain with a single, unauthorized establishment). Given this conclusion, it follows that Victoria's Secret would prevail in a dilution analysis, even without an exhaustive consideration of all ten of theNabiscofactor

1. What is meant by absolute poverty?41

2. Why has poverty in India fallen. Give two reasons in

your analysis.

3. Discuss how investment in education might reduce

poverty.

4. Calculate the amount of tax payable on earnings of

5. What is meant by a progressive tax system? Use the

answers in (1) to support your answer.

6.Describe the main purpose of a progressive tax system.

7. What is meant by relative poverty?

8. What is the difference between direct taxes and indirect

taxes?

9. What is meant by (a) VAT and (b) customs duties?

10. Customs duties are taxes on imports.