A ________ Is an Investment Fraud in Which a Manager

question 39

Multiple Choice

A ________ is an investment fraud in which a manager collects funds from clients,claims to invest those funds on their behalf,reports extremely favorable investment returns,but in fact uses the funds for his own use.

• A)ponzi scheme
• B)bonsai scheme
• C)statistical arbitrage scheme
• D)pairs trading scheme
• E)none of the above

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Definitions:

Hypertext Transfer Protocol (HTTP)

The protocol that allows files to be transferred from a web server so that you can see them on your computer by using a browser.

Uniform Resource Locator (URL)

A website’s unique address; an example is microsoft.com.

Consumer To Consumer (C2C)

An online marketplace where consumers can buy and sell goods and services to each other, typically facilitated by a third-party platform.

Business To Consumer (B2C)

The process of selling products or services directly from businesses to the end-users or consumers.