Jeffrey Became a Victim of Fraud When He Entered a Pyramid

question 40

Multiple Choice

Jeffrey became a victim of fraud when he entered a pyramid scheme which turned out to be a scam.In order to claim damages,Jeffrey has to prove which of the following?

• A) good faith on part of the fraudster
• B) motive of the fraudster
• C) economic injury
• D) involvement in the pyramid scheme

---

Definitions:

Competitive Position

Where a company stands in comparison to its competitors within the industry in terms of market share, profitability, and customer preference.

Business Strategy

Plans to build a competitive focus in one line of business.

Corporate Strategy

A comprehensive plan outlining business objectives and the actions required to achieve them, guiding the overall direction of a company and its decision-making.

International Strategy

A plan that guides how a company conducts business across international borders, enhancing global presence and competitiveness.