As Demonstrated in the Case in the Text,Stephen A

question 38

Multiple Choice

As demonstrated in the case in the text,Stephen A.Wheat Trust v.Sparks,concealment can provide a basis for a claim of fraud.Which of the following statements about concealment is false?

• A)Concealment is not used to support a claim of fraud in cases involving the sale of real property.
• B)Concealment is equivalent to an assertion.
• C)Concealment is taking active steps to prevent another from learning the truth.
• D)Concealment can be the basis for a claim of misrepresentation.

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Definitions:

Status-Conscious Organization

An organization that places high importance on the social status, titles, or ranks of its members or employees.

Requests For Proposals

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External Parties

Individuals or groups outside of an organization who can be affected by its activities or have an interest in it.

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Proposals that are submitted without a direct request, often to pitch new ideas or solutions to potential clients or partners.