Which of the Following Is NOT an Example of a Disclosure

question 74

Multiple Choice

Which of the following is NOT an example of a disclosure required by statute?

• A)disclosure of a serious medical condition when obtaining life insurance
• B)disclosure of material facts by a financial officer of a publically traded corporation
• C)disclosure of significant liabilities that exist when making a domestic (family law) contract
• D)disclosure of material facts pertaining to the sale of securities
• E)disclosure of material facts by an accountant when she sells her car to one of her clients

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Definitions:

Liberalism

A philosophical ideology that emphasizes freedom, the approval of its citizens, and equal treatment under the law.

Social Inequality

A condition where societal resources are distributed unevenly, typically through norms of allocation that engender specific patterns along lines of socially defined categories of persons.

Country Party

A historical political group in Great Britain, advocating for the rights and interests of rural landowners and opposing the court party or government.

Political Power

Pertains to the ability or capacity to direct or influence the behavior of others or the course of events in a governance context.