Identify Whether the Following Statements Could Result in Actionable Fraud

question 43

Essay

Identify whether the following statements could result in actionable fraud and why or why not.
a. A statement by an art dealer to a potential buyer, "I think this painting is underpriced because the artist is now gaining national recognition."
b. A vacuum cleaner salesperson's statement, "This machine is the best available for the cost."
c. A city councilman's statement to a fellow councilman that, "If we vote for that action, the resulting consolidation will be illegal."

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Definitions:

Occupational Opportunities

The range of jobs and careers available to individuals based on their skills, education, and experience.

Entry Industry Jobs

Initial positions within a specific field or industry that typically require less experience and are designed for newcomers.

Relationship Maintenance

Involves the actions and strategies employed by individuals to preserve and enhance their interpersonal relationships over time.

Physical Attractiveness

Relates to the aspects of a person's appearance that are aesthetically pleasing or appealing to others.