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cupoosta [38]
3 years ago
10

Tom borrows $100,000 from his local bank to purchase inventory for his store for the upcoming holiday season. Tom's neighbor tel

ls him about a get-rich-quick scheme that can take this $100,000 and triple it in a month. Tom decides to buy into this scheme figuring he can repay the bank and still have plenty left for inventory. This is an example of:_______.
Business
1 answer:
uranmaximum [27]3 years ago
5 0

Answer:pyramid scheme

Explanation:

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