Which of the Following Is True Regarding Fraud Claims? ​

question 15

Multiple Choice

Which of the following is true regarding fraud claims? ​

• A)they can be completely avoided by not saying anything
• B)they differ from breach of contract claims primarily in the degree of harm suffered by the plaintiff
• C)the false statement was made intentionally or with reckless disregard for the truth
• D)if injury occurs, it doesn't matter whether the false statement was made intentionally or unintentionally

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Definitions:

Earnings Per Share

A financial metric calculated by dividing a company's net income by the number of its outstanding shares of common stock.

Comparative Period

A reference period against which financial or operational performance is compared, typically the previous year or quarter.

Declaration

An official announcement or formal statement, often used in the context of declaring dividends to be paid to shareholders.

Cash Dividend

A Cash Dividend is a payment made by a company out of its earnings to investors in the form of cash.