Counterfeiting Is One Form of Embezzlement

question 61

True/False

Counterfeiting is one form of embezzlement.

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Definitions:

Negligent Misrepresentation

A false statement made carelessly that causes someone to incur a loss or damage, often addressed in cases of fraud or deceit.

Innocent Misrepresentation

A false statement made without knowledge of its falsity, leading another to enter into a contract under false beliefs.

Duress

A situation where a person is compelled to act against their will or make a legal decision under the threat of harm.

Undue Influence

Refers to the excessive pressure or influence one person exerts over another to coerce them into a legal agreement, undermining their free will.