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The Basics of Making a Purchase: Difference between revisions

From Clicklaw Wikibooks
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==What business schemes should you be wary of?==
==What business schemes should you be wary of?==
Many business schemes that promise you’ll get rich quick will only cause you to lose money or are illegal. Consider “multi-level marketing,which involves selling a service or products through distributors who earn money by supplying the service or product to other participants in the venture, who in turn make their money by supplying the same or another service or product to other participants. Typically, consumer products such as cosmetics, jewelry or cleaning products are sold in customers’ homes. Promoters asking you to get involved are not allowed to make exaggerated claims. And any claims made about expected earnings must be fair and reasonable and include the average compensation earned by the typical distributor in that business, and the time and effort needed to reach specific levels of income.
Many business schemes that promise you’ll get rich quick will only cause you to lose money or are illegal. Consider “multi-level marketing”, which involves selling a service or products through distributors who earn money by supplying the service or product to other participants in the venture, who in turn make their money by supplying the same or another service or product to other participants. Typically, consumer products such as cosmetics, jewelry or cleaning products are sold in customers’ homes. Promoters asking you to get involved are not allowed to make exaggerated claims. And any claims made about expected earnings must be fair and reasonable and include the average compensation earned by the typical distributor in that business, and the time and effort needed to reach specific levels of income.


==A pyramid scheme is an illegal type of multi-level marketing==
==A pyramid scheme is an illegal type of multi-level marketing==
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