Jack Sells Jim a Used Car That Jack Falsely Described

question 11

Multiple Choice

Jack sells Jim a used car that Jack falsely described as having been driven only 12,000 miles. Fraud has occurred if:

• A) Jim bought the car solely because of its color.
• B) Jim knew that the mileage was more than 12,000 miles.
• C) Jim relied upon Jack's statement.
• D) Jack is a merchant.

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Definitions:

Fiber-Optic

Technology involving thin strands of glass or plastic that transmit data as pulses of light, allowing for high-speed internet and data communications.

Cable

A medium used for transmitting electrical signals, data, or power, often referring to telecommunications and networking infrastructure.

DSL

Digital Subscriber Line is a collective term for technologies that enable internet connectivity through the digital data transmission over local telephone network cables.

Bandwidth

The maximum rate of data transfer across a given path or connection in a specified period, typically measured in bits per second (bps).