Actionable Fraud Would Be Likely to Be Based on Falsity

question 57

Multiple Choice

Actionable fraud would be likely to be based on falsity of:

• A) a car owner's statement that,"This car is the best buy you will find."
• B) a realtor's statement that,"The contractor used 25-year warranted shingles on the roof."
• C) an art dealer's statement that,"This painting will increase in value."
• D) a stockbroker's statement that,"This stock should double in price within six months."

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Definitions:

Intermolecular Interaction

Forces that mediate between molecules, including hydrogen bonds, van der Waals forces, and dipole interactions, important in determining physical properties.

Polyunsaturated Vegetable Oil

A type of vegetable oil containing fats that have more than one unsaturated carbon bond in the molecule, making them generally more liquid at room temperature.

Petroleum Oil

A naturally occurring flammable liquid consisting of complex hydrocarbons and found in geological formations beneath the Earth's surface.

Saturated Hydrocarbons

Organic compounds consisting entirely of single bonds between carbon atoms and full hydrogenation, making them relatively chemically stable.