Which of the Following Cannot Result in a Damage Award

question 58

Multiple Choice

Which of the following cannot result in a damage award?

• A) silence that distorts a previous assertion
• B) fraudulent misrepresentation
• C) innocent misrepresentation
• D) negligent misrepresentation
• E) breach of contract

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Definitions:

Supplies Account

An account used to track the cost of supplies consumed by a business during an accounting period.

Supplies Expense

encompasses the cost associated with items used in daily operations, not directly tied to the production of goods or services but necessary for conducting business.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, representing its reduction in value over time.

Net Book Value

Refers to the value of an asset after deducting accumulated depreciation and amortization from its original cost.