Search Results - "pyramid scheme"
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The asymmetry of franchising, multi-level marketing and pyramid schemes
Published 2013“…Franchise shares many common characteristics with multi-level marketing and pyramid schemes. This chapter discusses the nature of the three forms of doing business.…”
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Multilevel marketing (MLM) vs pyramid scheme - from legal perspective
Published 2001“…Multilevel marketing is a popular marketing method often practiced by direct selling companies.However, it has been manipulated in the form of the illegal pyramid scheme or commonly known as the get-rich-quick scheme, This paper intends to discuss the differences between MLM and pyramid schemes, the regulations on MLM and anti-pyramid laws in other countries, and the loopholes of the existing Direct Sales Act 1993 in Malaysia especially regarding provisions on MLM technical operations.It was suggested that amendments or provisions should be made on the MLM operations particularly provisions concerning start-up fees, inventory loading and a balanced compensation system.Additionally, consumer education and awareness as well as stringent enforcement should also be enforced.…”
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Factors influencing students being deceived in pyramid scheme: Study on universities in Malaysia
Published 2021“…Since its heyday in the 1920s, the pyramid scheme industry has become a difficult battleground. …”
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Online shopping in Malaysia: legal protection for e-consumers
Published 2013“…Even though the Consumer Protection Act 1999 (CPA) was amended in 2007 in order to protect the interests of e-consumers, the question remains as to how far the CPA and other existing legislation, namely the Contracts Act 1950, Sale of Goods Act 1957, Direct Sales and Anti-Pyramid Scheme Act 1993 and Electronics Commerce Act 2006 can protect e-consumers in sale of goods contracts. …”
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E-consumer protection in Malaysia: misleading information in advertisement
Published 2014“…Therefore, this paper will evaluate several Malaysian related e-commerce legislations focusing on the protection for e-consumers in this issue namely the Trade description Act 2011, the Consumer Protection Act 1999 (Consumer Protection (Electronic Trade Transactions) Regulations 2012), the Sale of Goods Act 1957, the Contract Act 1950 and the Direct Sales and Anti-Pyramid Scheme Act 1993. …”
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An overview of e-consumer protection in sale of goods contracts in Malaysia
Published 2012“…Even though the Consumer Protection Act 1999 (CPA) was amended in 2007 in order to protect the interests of e-consumers, the question remains as to how far the CPA and other existing legislation, namely the Contracts Act 1950, Sale of Goods Act 1957, Direct Sales and Anti-Pyramid Scheme Act 1993 and Electronics Commerce Act 2006 can protect e-consumers in sale of goods contracts. …”
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7
Intervening effect of attitude on the relationship between selected determinants and corporate image
Published 2014“…Despite the profitable revenue reported by direct selling industry, the corporate image of these companies has been negative and deteriorating.This is partly attributable to the increasing number of pyramid schemes and frauds which had led to the negative attitude of the consumer towards direct selling, and tarnished the image of the direct selling company in recent years.Hence, the main objective of this study is to examine the intervening effect of attitude in the relationship between the selected determinants and corporate image of direct selling companies in Thailand.A total of 900 questionnaires was distributed to direct selling customers, and 612 were collected back, representing a response rate of 68%. …”
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Corporate image determinants and the role of attitudes in direct selling companies
Published 2014“…This negative corporate image has also been triggered by illegal pyramid schemes, lack of corporate social responsibility and confused brand architecture. …”
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Recent advances in rice varietal development for durable resistance to biotic and abiotic stresses through marker-assisted gene pyramiding
Published 2021“…This review presents up-to-date knowledge on gene pyramiding schemes, marker-assisted gene pyramiding techniques, the efficiency of marker-assisted gene pyramiding and the advantages and limitations of gene pyramiding methods. …”
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