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Multi-level Marketing Plans and Schemes of Pyramid Selling pdf

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The purpose of this bulletin is to provide guidance on the Competition Bureau’s policies and procedures relating to the administration mlm training pdf of the multi-level marketing and scheme of pyramid selling provisions of the Competition Act. This bulletin is a guide only, any examples contained herein are for purposes of illustration and are not intended to provide an exhaustive list of permitted or prohibited practices. Further, the views expressed do not bind the Commissioner of Competition. The Commissioner has no authority to decide the law, and readers are advised to consult the Competition Act in circumstances requiring precise statements of the law. Melanie L. Aitken Interim Commissioner of Competition

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TABLE OF CONTENTS
1. INTRODUCTION  MLM tutorial
2. THE COMPETITION ACT
3. ROLE OF THE COMPETITION BUREAU
4. MULTI-LEVEL MARKETING PLANS AND SCHEMES OF PYRAMID SELLING OVERVIEW
4.1 Multi-level Marketing Plans.
4.2 Schemes of Pyramid Selling
5. WORKING DEFINITIONS OF KEY TERMS Operator
5.2 Prospective Participant
5.3 Participant
5.4 Typical Participants
5.5 Representations Relating to Compensation
5.6 Operator’s Cost or Seller’s Cost
6. DISCLOSURE REQUIREMENTS
6.1 Compensation Actually Received
6.2 Compensation Likely to be Received (New Multi-level Marketing Plans)
6.3 Fair, Reasonable and Timely Disclosure
6.4 Due Diligence MLM tutorial
7. FEATURES OF A SCHEME OF PYRAMID SELLING
7.1 Compensation for the Recruitment of Others
7.2 Purchase Requirements as a Condition of Participation
7.3 Inventory Loading
7.4 Buy-back Guarantee or Right to Return
8. WRITTEN OPINIONS
8.1 Requirements for a Multi-level Marketing Written Opinion Application course
8.1.1 Disclosure of all Relevant Information
8.1.2 Product
8.1.3 Not Subject of Investigation
8.1.4 Canadian Legal Entity
8.1.5 Proposed Conduct

MLM training pdf

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