Which of the Following Is NOT an Example of a Disclosure

question 13

Multiple Choice

Which of the following is NOT an example of a disclosure required by statute?

• A) disclosure of significant liabilities that exist when making a domestic contract
• B) disclosure of material facts pertaining to the sale of securities
• C) disclosure of material facts by a financial officer of a corporation
• D) disclosure of a serious medical condition when obtaining life insurance
• E) disclosure of material facts by an accountant when she sells her car to a client

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Definitions:

Dog Grooming

The process of cleaning and hygienic care for dogs, often involving hair trimming, nail clipping, and bathing.

Value Proposition

A statement that summarizes why a consumer should buy a product or use a service, highlighting the unique value it provides over competitors.

Target Market

The particular demographic that a business targets its goods and services towards.

Competencies

Skills, knowledge, and abilities that enable individuals or organizations to perform effectively.