A Misrepresentation of a Material Fact Is Actionable as Fraud

question 65

True/False

A misrepresentation of a material fact is actionable as fraud only if it occurs by words.

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Definitions:

Investment Obstacles

Challenges or barriers that hinder the allocation of capital into projects or opportunities, potentially restricting economic growth and productivity.

Developing Nations

Refers to countries that are in the process of industrialization and have lower levels of economic prosperity, compared to developed nations.

Public Infrastructure

Physical and organizational facilities and structures needed for the operation of a society or enterprise, such as roads, bridges, and water supply.

Private Investment

The expenditure by private (non-government) firms on capital goods, such as equipment, buildings, and inventory investments.