Bob Bokowski,a Building Contractor,has Been Given the Records of a Rival

Bob Bokowski,a building contractor,has been given the records of a rival builder that show the rival is facing serious financial problems.The documents are marked 'Confidential'.Bob wants to release these documents to the media but he is worried about breaching privacy legislation.Which of the following statements is correct?

A) He will breach privacy laws because small businesses enjoy specific privacy protection under federal and state legislation.
B) He will not breach privacy legislation because the documents were only marked 'Very Confidential'.They should have been marked 'Highly Confidential'.
C) He is acting illegally because holding confidential commercial documents breaches federal privacy laws.
D) He will not breach privacy laws because small businesses do not have specific privacy rights under the federal legislation.