Sheena Knowingly and Falsely Tells Jenn That an Automobile She

question 78

True/False

Sheena knowingly and falsely tells Jenn that an automobile she is trying to sell has never been in a flood. In reliance upon Sheena's statement, Jenn buys the car. Sheena is liable to Jenn for fraudulent misrepresentation.

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Definitions:

Adjusted Gross Income

An individual's gross income minus specific deductions, key for determining taxable income.

Charitable Organization

A charitable organization is a type of non-profit organization that operates for the benefit of the public or a particular segment of it, often eligible to receive tax-deductible charitable contributions.

Deduction

An expense that can be subtracted from an individual's taxable income, reducing the amount of income subject to tax.

Nonprescription Drugs

Medications that can be bought without a doctor's prescription, also known as over-the-counter drugs.