Consumer skills Flashcards

1
Q

What is true about identity theft trends?

A

Identity theft occurs to people of all ages, even children

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2
Q

Which of the following is a red flag for pyramid scheme?

A

If a program focuses solely on recruiting others to join the program for a fee, it is likely a pyramid scheme.

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3
Q

What is a pump and dump scam?

A

The illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following the surge in interest as a result of their endorsement

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4
Q

What is an example of the Roach model dark pattern?

A

One of the dark patterns in design. The term refers to a design in which a user easily gets into a situation but then can not get out.

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5
Q

19 and under id. theft.

A

bank fraud

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