Which of the following is the best description of a 'pyramid scheme'?
A) A multi-level marketing scheme that rewards participants for products sold.
B) A distribution chain involving retailers and their customers.
C) A scheme based on a representation that a person has agreed to acquire goods or services when that is not the case.
D) A scheme whereby participants are invited to sell products and to receive a reward or benefit for introducing new participants to the scheme.
Correct Answer:
Verified
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