Which of the Following Is Not a Reason That Precious

question 81

Multiple Choice

Which of the following is not a reason that precious stones like diamonds appeal to investors?

• A)Small size
• B)Easily sold at market value
• C)Ease of concealment
• D)Great durability
• E)Potential hedge against inflation

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Definitions:

Justifiable Reliance

The principle that a party has acted upon another's representation with a reasonable belief that it was true, often relevant in cases of fraud or misrepresentation.

Nondisclosure

A failure to provide pertinent information about a projected contract.

Basic Assumption

A fundamental principle or belief that is accepted as true without proof.

Voidable

Refers to a legal distinction indicating that an agreement or transaction can be nullified or canceled by one of the parties involved.