A Misrepresentation Is Material If

question 3

Multiple Choice

A misrepresentation is material if:

• A) it would likely induce a reasonable person to enter into a transaction.
• B) the maker does not know it would likely induce the other party to enter into the transaction.
• C) it is made knowingly.
• D) All of these.

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Definitions:

Securities Violations

Illegal activities or misconduct related to the trading, selling, or managing of financial instruments like stocks and bonds.

White-Collar Deviance

Ethically questionable practices committed by people in professional roles or business environments.

Embezzlement

The act of withholding assets for the purpose of conversion of such assets, by one or more individuals to whom the assets were entrusted, typically in the form of money or property.

Public Officials

Individuals holding positions of authority within the government, responsible for making and enforcing laws.