Author Question: Which of the statements below about Ponzi schemes is TRUE? . a. The Madoff Ponzi scheme was an ... (Read 358 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?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library