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Identify Two Situations in Which Silence or Nondisclosure Constitutes a Misrepresentation

question 48

Essay

Identify two situations in which silence or nondisclosure constitutes a misrepresentation.


Definitions:

Advertised Ship Date

The publicly announced date on which a product is expected to be shipped to customers or retailers from the manufacturer.

Crowdfunding Site

A website that allows individuals or businesses to raise funds for various projects or ventures by collecting small amounts of money from a large number of people.

Formal Loan

A loan that is legally structured and documented, typically provided by financial institutions under agreed terms and conditions.

Friends and Family

Personal connections that can provide initial support, funding, or resources for an individual’s endeavors or projects.

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