Choose the correct definition for the following key term: Fraud a. information that is substantially relevant to
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- Choose the correct definition for the following key term: Fraud
- a. information that is substantially relevant to the consideration of a contract or to securities or to the decision made in a trial.
- b. Latin for “knowingly;” usually meaning that the defendant knew that the act in question was illegal.
- c. promise, in addition to an underlying sales agreement, that goes beyond the terms of the sales agreement and under which the promisor assures the description, performance, or quality of the goods.
- d. an intentional misrepresentation of a material fact designed to induce the person receiving the miscommunication to rely upon it to her detriment, so that a loss is suffered.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: