What is a pyramid scheme

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Reference no: EM132253391

1) What is a pyramid scheme?

1. A business model where everyone gets the same benefits.

2. A business model that takes advantage of later investors to the benefit of earlier investors.

3. A business model where the main products sold are beauty products.

4. A business model that takes advantage of earlier investors to the benfit of later investors.

2) In the Volkswagen scandal, the car manufacturer broke a law that limited the allowable emissions from diesel cars sold in the USA. What kind of regulation did VW break?

1. Information regulation.

2. Financial regulation.

3. Contract regulation.

4. Command and control regulation.

Reference no: EM132253391

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