In Order to Prove Fraud,which of These Elements Must Be

question 21

Multiple Choice

In order to prove fraud,which of these elements must be shown?

• A)The innocent party knew the wrongdoer.
• B)The innocent party detected the misrepresentation prior to the contract's formation.
• C)The wrongdoer assumed a false identity.
• D)The innocent party justifiably relied on the wrongdoer's misrepresentation.

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Definitions:

Hour-long Facial

A skincare treatment lasting approximately 60 minutes, focused on improving the health and appearance of the skin on the face.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition on factors other than price.

Pure Competition

A market structure characterized by a large number of sellers offering identical or very similar products, with no single seller able to influence prices.

Break-even Points

The level of production or sales at which total costs equal total revenue, resulting in no net loss or gain.