While Applying for a Loan,Hilary Intentionally Omits the Fact That

question 6

Essay

While applying for a loan,Hilary intentionally omits the fact that she declared bankruptcy recently and still has bad debts.The bank processes the loan based on the information provided by her.What type of tort has Hilary committed?

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Definitions:

Income

Total earnings derived from labor, investments, and any other source, typically discussed in the context of individuals or households.

Income

Funds accrued regularly from work performed or assets invested.

Good Y

Typically used in economics as an arbitrary designation for a commodity or product in theoretical models and analysis.

Pretzels

A type of baked bread product, often shaped into a twisted knot, that is commonly salted and can vary in flavor.