MATCHING -Cause of Action Covering Pecuniary Loss Caused by False Statements

question 10

Multiple Choice

MATCHING
-cause of action covering pecuniary loss caused by false statements

• A)misrepresentation
• B)fact
• C)puffing
• D)fiduciary relationship
• E)scienter
• F)material
• G)voidable
• H)terminable at will
• I)malicious
• J)cause
• K)disparagement
• L)special damages
• M)prima facie tort
• N)bad faith liability
• O)dram shop liability

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Definitions:

Accounting Equation

The fundamental principle of accounting that states assets equal liabilities plus owner's equity, serving as the foundation of the double-entry bookkeeping system.

Customer on Account

Transactions where a customer purchases goods or services on credit, creating an account receivable for the business.

Financial Statement

A formal record of the financial activities of a business, person, or other entity, presenting its financial performance and position at a given point in time.

Specific Date

A particular day singled out from others because of its significance or relevance to an event or action.