Multilevel marketing is sometimes associated with fraud and so-called "pyramid schemes."
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Multilevel marketing, in which sellers recruit other participants, making money not only on their own sales but on the sales of the people they recruit, is sometimes associated with fraud and pyramid schemes.
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Which of the following would impair the security of a trust deed recorded on real property:
A: The trust deed is recorded after a declaration of homestead; B: The trust deed is recorded after a work of improvement was commenced and a mechanic's lien is recorded on the work; C: A judgment lien is placed on the property; D: None of the above.
The country which has the highest rates of value added tax (VAT) in the European Union is:
A) Germany. B) Italy. C) France. D) Denmark. E) Switzerland.