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

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Definitions:

Data Set

A collection of data points or values gathered from experiments or observations.

Classes

Categories or groups into which data can be divided based on certain characteristics or attributes.

Relative Frequencies

The measures showing the number of times a certain event occurs in relation to the total number of events, often expressed as a percentage or fraction.

Sample Size

The number of observations or entities included in a sample, which represents a portion of the total population.