Fraud by Concealment Occurs When One Party Takes Specific Action

question 100

True/False

Fraud by concealment occurs when one party takes specific action to conceal a material fact from another party.

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Definitions:

Irrevocable

Unable to be changed, reversed, or recovered; a decision or action that is final and binding.

E-mails

E-mails are electronic messages sent over a computer network, typically the internet, from one user to another, often used for personal, academic, business, and government communications.

2018 Ford Pick-Up

A model of truck produced by Ford Motor Company, known for its durability, utility, and performance, part of the Ford F-Series lineup.

Course of Dealing

The history of past business transactions between parties that establishes a common basis for their understanding and expectations.