The Main Difference Between Concealment and Nondisclosure Is That

question 80

Multiple Choice

The main difference between concealment and nondisclosure is that:

• A)concealment is always regarded as an assertion of fact,while nondisclosure may or may not amount to such an assertion.
• B)a tort suit is possible in a concealment case,but not in a nondisclosure case.
• C)punitive damages are available in a nondisclosure case,but not a concealment case.
• D)nondisclosure is always regarded as an assertion of fact,while concealment may or may not be an assertion of fact.

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Definitions:

Business Cycle

The natural fluctuation of economic activity over time, marked by periods of expansion, peak, contraction, and trough.

Recovery Stage

A phase in the economic cycle or in the lifecycle of a project where performance begins to improve after a period of decline or recession.

Business Spending

The expenditure by businesses on goods and services, including capital goods and labor.

Consumer Spending

The total amount of money spent by consumers on goods and services within an economy.