Question 8 When the Chinese firm "eZubao" went bankrupt in 2016 it was called a "Ponzi scheme." It specialized in: 1 Peer-to-peer lending. 2 Health-Fitness studios. 3 Multi-level marketing of consumer products. 4 Underwriting of new security offerings of high-technology firms.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 23AA
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Question 8 When the Chinese firm "eZubao" went bankrupt in 2016 it was called a "Ponzi scheme." It specialized in: 1 Peer-to-peer lending. 2 Health-Fitness studios. 3 Multi-level marketing of consumer products. 4 Underwriting of new security offerings of high-technology firms. 

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