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When an Act Is Performed to Benefit Another Without Expectation

question 9

Multiple Choice

When an act is performed to benefit another without expectation of one's own gain it is specifically termed:


Definitions:

Risk of Loss

The responsibility for damage or financial burden that may arise from the destruction, damage, or loss of goods.

Fraud in the Inducement

A legal term referring to a deceptive act used to convince someone to enter into a contract, which significantly impacts the victim's decision to agree.

False Representation

The act of providing untrue, misleading, or deceptive information with the intent to defraud others.

Material Fact

A fact that is significant or essential to the issue or matter at hand, which could influence a decision.

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