Author Question: Which of the statements below about Ponzi schemes is TRUE? . a. The Madoff Ponzi scheme was an ... (Read 86 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
Which of the statements below about Ponzi schemes is TRUE? .
 
  a. The Madoff Ponzi scheme was an investment fraud scam in which earlier investors were paid off with money collected from newer ones.
  b. Ponzi scheme swindlers often display characteristics commonly attributed to good leadership, such as setting visions, communicating them clearly, and motivating others to follow their lead.
  c. It is a type of fraud that got its name from one of the earliest known investment fraud swindles, brought to the United States by Charles Ponzi.
  d. Investors in such schemes almost always harbor hopes of unrealistic gains, and this in turn makes them vulnerable to scams.
  e. All of the statements above are true.

Question 2

Investigations of the relationship between religious affiliation and drinking alcoholic beverages demonstrate all of the following EXCEPT __________.
 
  a. more Catholics than the members of other religious groups are both drinkers and heavy drinkers
  b. regular churchgoers tend to drink less than nonchurchgoers
  c. Jews have a high rate of heavy and problem drinking because of their ritualistic use of alcohol
  d. among regular churchgoers, the heaviest drinking is found among Episcopalians
  e. among regular churchgoers, the lightest drinking is found among conservative and fundamental Protestants



diana chang

  • Sr. Member
  • ****
  • Posts: 288
Answer to Question 1

e

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library