A Misrepresentation Is Material If

question 28

Multiple Choice

A misrepresentation is material if:

• A)it would likely induce a reasonable person to enter into a transaction.
• B)the maker knows it would likely induce the other party to enter into the transaction.
• C)it is made knowingly.
• D)Either (a) or (b).

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Definitions:

Glucagon

A hormone produced by the pancreas that increases blood glucose levels, acting as a counter-regulatory hormone to insulin.

Gonadotropin-releasing Hormone

Gonadotropin-releasing hormone (GnRH) is a hormone released from the hypothalamus that stimulates the pituitary gland to release gonadotropins and regulate reproductive functions.

Somatostatin

A hormone that inhibits the secretion of several other hormones, including growth hormone and insulin.

Hypothalamus

A region of the brain that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems.