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GenieCom Initiates an Online Dating Service

question 26

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Genie.com initiates an online dating service.To attract subscribers and encourage participation,Genie.com creates and posts profiles of fictitious persons and exaggerated profiles of actual users.Fooled by the false profiles,Ham buys a subscription.He is most likely a victim of


Definitions:

Canadian Security

A financial instrument issued in Canada, representing an investment in stocks, bonds, or other securities.

Norwegian Krone

The official currency of Norway, symbolized as NOK.

Inflation Rate

The rapidity with which the general pricing for services and products increases, diminishing the strength of currency.

Risk-Free Rate

The theoretical rate of return on an investment with zero risk, typically associated with government bonds.

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