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dolphi86 [110]
1 year ago
7

What do you think made the faculty member believe this was a Ponzi-type scheme

SAT
1 answer:
LuckyWell [14K]1 year ago
8 0

The faculty member believe this was a Ponzi-type scheme because it states that there is Higher Rate of Return if one has a higher return on investment and that it is about 44 % and even more in 12 days, if one invest.

<h3>What is a Ponzi Scheme?</h3>

A Ponzi scheme is known to be a form of an investment fraud that is said to pay their existing investors using funds obtained from other new investors.

Note that in the passage, It tells that a person could invest $6 to $6,000 and gets about 44 percent return in 12 days an this made the faculty member believe that it was a Ponzi-type scheme

Learn more about  Ponzi-type scheme from

brainly.com/question/13471916

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Scientific misconducts are an infringement of the ethical codes. In the given scenario the negligence of the cited source in the data is misconduct.

<h3>What is cited source?</h3>

Cited sources are the references of the data taken from the other places and websites that are included in your content as an image, text, figures, statements, etc.  

The text or the data used from other sources must be cited by including the name of the authors from the authentic source followed by the author from the secondary reference.

Therefore, the negligence of the cited source is a type of scientific misconduct.

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