Originally posted by laurence82:
Lets have a peek into what the authorities say, shall
we?
From Ministry of Trade and Industry website, which regulate the MLM
Act
6. What were the amendments made in 2001 to the Exclusion
Order?
The Exclusion Order 2001 continued to maintain that insurance
companies and master franchises would be excluded from the MLM
Act.
However, it also introduced the following rules for direct selling
companies:
* Behavioural checks - The companies must not misrepresent the
scheme as get-rich-quick opportunities, and should not use fraud,
coercion, harassment, or unconscionable means to force people to
join the scheme. Instead, the companies should focus their efforts
on promoting the quality and features of the products. [b]If a
company wishes to show potential participants the earning
potential, they must keep records of the maximum, minimum, mean,
mode and median earnings of their salespeople in the
past.
[/b]
+ 1
and A round of Applause for highlighting this point.
Job Well Done.
I believe that should shut him up with his arrogance.
