Difference between revisions of "Lesson:How a Ponzi Scheme works/ExerciseRC1"

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Answer the following questions according to the text.
 
Answer the following questions according to the text.
  
<quiz display=simple>
+
<quiz display=simple>
{First question:
+
{A Ponzi Scheme consists of:
 
|type="()"}
 
|type="()"}
- wrong answer
+
+ a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investor
- wrong answer
+
- sharing everybody's money to invest on the stock
+ right answer
+
- receiving money to spend with no need to pay it back
  
{Second question:
+
{A Ponzi Scheme is:
 
|type="()"}
 
|type="()"}
- wrong answer
+
- a business where everybody makes money but your family and friends
- wrong answer
+
- a good business to raise some fast money
+ right answer
+
+ an illegal and risky type of business
  
{Third question:
+
{If you were invited to a Ponzi Scheme you would:
 
|type="()"}
 
|type="()"}
- wrong answer
+
- accept immediately and start making money
+ right answer
+
+ not accept, besides of being illegal there's a great chance of losing your money
- wrong answer
+
- first make your best friend enter and wait to see how things go
 +
 
 +
</quiz>

Latest revision as of 08:53, 7 February 2014


Answer the following questions according to the text.

1 A Ponzi Scheme consists of:

a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investor
sharing everybody's money to invest on the stock
receiving money to spend with no need to pay it back

2 A Ponzi Scheme is:

a business where everybody makes money but your family and friends
a good business to raise some fast money
an illegal and risky type of business

3 If you were invited to a Ponzi Scheme you would:

accept immediately and start making money
not accept, besides of being illegal there's a great chance of losing your money
first make your best friend enter and wait to see how things go